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Books are forever: Early life conditions, education and lifetime income
Brunello, Giorgio; Weber, Guglielmo; Weiss, Christoph T. - 2012
In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals …
Persistent link: https://www.econbiz.de/10010282568
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Education, Growth and Income Inequality
Teulings, Coen N.; van Rens, Thijs - 2002
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10010324788
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Do better schools lead to more growth?: cognitive skills, economic outcomes, and causation
Hanushek, Eric Alan; Woessmann, Ludger - 2009
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...
Persistent link: https://www.econbiz.de/10010274159
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Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation
Hanushek, Eric Alan; Woessmann, Ludger - 2009
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10010274179
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Diverging Patterns of Education Premium and School Attendance in France and the US: A Walrasian View
de la Croix, David; Docquier, Frédéric - 2003
We evaluate the effect of technology, demographics and policy on the differential evolution of the skill premium and on the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping generations of individuals, and endogenous education...
Persistent link: https://www.econbiz.de/10010261573
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The Health Returns to Education - What can we learn from Twins?
Lundborg, Petter - 2008
This paper estimates the health returns to education, using data on identical twins. I adopt a twin-differences strategy in order to obtain estimates that are not biased by unobserved family background and genetic traits that may affect both education and health. I further investigate to what...
Persistent link: https://www.econbiz.de/10010325854
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Is there a Return-Risk Link in Education?
Pereira, Pedro Telhado; Martins, Pedro Silva - 2001
Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...
Persistent link: https://www.econbiz.de/10010262526
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The health returns to education: what can we learn from twins?
Lundborg, Petter - 2008
This paper estimates the health returns to education, using data on identical twins. I adopt a twin-differences strategy in order to obtain estimates that are not biased by unobserved family background and genetic traits that may affect both education and health. I further investigate to what...
Persistent link: https://www.econbiz.de/10010268848
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Selection Bias, Comparative Advantage and Heterogeneous Returns to Education: Evidence from China in 2000
Heckman, James Joseph; Li, Xuesong - 2003
This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...
Persistent link: https://www.econbiz.de/10010274202
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Parental education, grade attainment and earnings expectations among university students
Delaney, Liam; Harmon, Colm P.; Redmond, Cathy - 2011
and unique dataset of university students. While large socio-economic differences in academic performance exist at the … differences across socio-economic backgrounds in university grade attainment for female students is explained by intermediating … variables such as personality, risk attitudes and time preferences, and subject/college choices. However, for male students, we …
Persistent link: https://www.econbiz.de/10010278508