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Victor Fuchs has suggested that the persistent positive correlation between education and health habits can be â€¦ for education in standard wage equations. We use whether an individual smoked at age 18 in such a fashion. The instrument â€¦ is strongly correlated with years of education, and IV estimates of the return to schooling are 10 percent larger than â€¦
Persistent link: https://www.econbiz.de/10014157992
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10014158648
(work or education), and the permanence spell up to either the return to India or right truncation. By means of survival â€¦ migration (age, education, patenting record, migration motives, and migration cohort) as well as of some activities undertaken â€¦ while abroad (education and patenting). We find both evidence of negative self-selection with respect to educational â€¦
Persistent link: https://www.econbiz.de/10012914721
Prior research has uncovered a large and positive correlation between education and health. This paper examines whether â€¦ education has a causal impact on health. I follow synthetic cohorts using successive U.S. censuses to estimate the impact of â€¦ educational attainment on mortality rates. I use compulsory education laws from 1915 to 1939 as instruments for education. The â€¦
Persistent link: https://www.econbiz.de/10013218704
Income Dynamics (PSID). We find that children raised by step, adoptive or foster mothers obtain significantly less education â€¦
Persistent link: https://www.econbiz.de/10013220391
greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility â€¦ fertility and education, a decreasing marginal effect of parental education on children's years of education, and wages that are â€¦
Persistent link: https://www.econbiz.de/10013220393
differences in the probability of arrest or incarceration conditional on crime. We estimate that the externality of education is â€¦ about 14-26% of the private return to schooling, suggesting that a significant part of the social return to education comes â€¦
Persistent link: https://www.econbiz.de/10013220517
A major benefit of education is the lower risk of unemployment at higher educational levels. In PSID (Panel Study of â€¦
Persistent link: https://www.econbiz.de/10013221871
Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents...
Persistent link: https://www.econbiz.de/10013222321
This paper develops a theoretical model that relates changes in educational inequality to the combined effects of innovations that have increased the relative demand for more educated labor and innovations that have increased ability premiums. Under the assumption that in the long run individual...
Persistent link: https://www.econbiz.de/10013224925