This paper develops an index of development for British children in the 1970 cohort, assessed at 22 months, 42 months, 5 years and 10 years. The score at 22 months predicts educational qualifications at age 26 and is related to family background. The children of educated or wealthy parents who...

We estimate the effect of education on lifetime income in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of compulsory...

In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of...

We estimate the effect of education on lifetime income in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of compulsory...

In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of...

"Analyzes the potential costs and benefits of school choice and discusses policy mechanisms that would maximize its benefits while mitigating its social costs, specifically in terms of racial and religious issues and the promotion of civic values"--Provided by publisher

We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector depends on individual effort in education and public resources, but educational risk still causes (income) inequality. We show that an optimal public policy consists of...