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This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we … estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non … patterns of returns that depend on the levels of schooling and ability. Unlike the monetary benefits of education, the benefits …
Persistent link: https://www.econbiz.de/10012453818
because of disincentives to acquire education arising from the redistributional policies that increase income mobility …
Persistent link: https://www.econbiz.de/10012456212
Character is a skill, not a trait. At any age, character skills are stable across different tasks, but skills can change over the life cycle. Character is shaped by families, schools, and social environments. Skill development is a dynamic process, in which the early years lay the foundation for...
Persistent link: https://www.econbiz.de/10012459007