each country: (1) The most recent and reliable education structure by age and sex, (2) any reliable historical education …-specific mortality differentials and education transition by education and (4) population estimates by age and sex. The methodology … relies on the fact that education is acquired at young ages and does not change much over the life course. In the first part …

of education inequality measures across age groups allows us to assess the effect of inter-generational education …

measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population … and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing … elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the …

rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new …

choose the non-professional education track. Those who might have otherwise pursued higher, professional education may forgo … education since, they will be overqualified in the host country. This will have a long run affect. As time goes on, therefore …