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to seek evidence to enhance self-esteem, there is left-digit bias in this life-changing decision. Students with scores …
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We estimate the causal effect of income on happiness using a unique dataset of Chinese twins. This allows us to address omitted variable bias and measurement errors. Our findings show that individual income has a large positive effect on happiness, with a doubling of income resulting in an...
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education and its labor market implications in China, a country that produces one in every five college graduates in the world …. College admission in China is governed by a single exam--the national college entrance exam, and the government sets admission …
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