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Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …
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estimate education returns of wage earners and the self-employed in Portugal and in Spain. Our examination reveals several …
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While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
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