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 …

because of disincentives to acquire education arising from the redistributional policies that increase income mobility …

endowments and investments (education and smoking in pregnancy) on the probability of having a baby who is small for gestational … maternal education and smoking in pregnancy, and investigate whether women endowed with different traits have different returns …. We find that maternal cognition affects birth outcomes primarily through maternal education, that personality traits …

on employment. We show that job security policies have substantial impact on the level and the distribution of employment … in Latin America. They reduce employment and promote inequality. The institutional organization of the labor market … affects both employment and inequality …

employment, socio-emotional skills, high school graduation, election participation, and obesity. Comparisons with individuals …