Books are forever: Early life conditions, education and lifetime earnings in Europe
We estimate the effect of education on lifetime earnings by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals with access to many or few books at home at age 10. We instrument years of education using compulsory school reforms and find that...
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Veröffentlicht in: | The Economic journal (London) 2017-03, Vol.127 (600), p.271-296 |
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creator | Brunello, Giorgio Weber, Guglielmo Weiss, Christoph T |
description | We estimate the effect of education on lifetime earnings by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals with access to many or few books at home at age 10. We instrument years of education using compulsory school reforms and find that, whereas individuals in rural areas were most affected by the reforms, those with many books enjoyed substantially higher returns to their additional education. We show that books retain explanatory power even when we select relatively homogeneous groups in terms of the economic position of the household. |
doi_str_mv | 10.1111/ecoj.12307 |
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We instrument years of education using compulsory school reforms and find that, whereas individuals in rural areas were most affected by the reforms, those with many books enjoyed substantially higher returns to their additional education. 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We instrument years of education using compulsory school reforms and find that, whereas individuals in rural areas were most affected by the reforms, those with many books enjoyed substantially higher returns to their additional education. We show that books retain explanatory power even when we select relatively homogeneous groups in terms of the economic position of the household.</description><subject>Auswirkung</subject><subject>Belgien</subject><subject>Bildungsabschluss</subject><subject>Bildungsertrag</subject><subject>Bildungspolitik</subject><subject>Bildungsreform</subject><subject>Buch</subject><subject>Deutschland</subject><subject>Dänemark</subject><subject>Earnings</subject><subject>Economic theory</subject><subject>Education</subject><subject>Einkommenseffekt</subject><subject>Europa</subject><subject>Frankreich</subject><subject>Internationaler Vergleich</subject><subject>Italien</subject><subject>Kind</subject><subject>Kultur</subject><subject>Lebenseinkommen</subject><subject>Ländlicher Raum</subject><subject>Niederlande</subject><subject>Quote</subject><subject>Reformpolitik</subject><subject>Schulzeit</subject><subject>Schweden</subject><subject>Soziale Herkunft</subject><subject>Sozialisationsbedingung</subject><subject>Sozialkapital</subject><subject>Sozioökonomischer Faktor</subject><subject>Stadt</subject><subject>Tschechische Republik</subject><subject>Österreich</subject><issn>0013-0133</issn><issn>1468-0297</issn><issn>1468-0297</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2017</creationdate><recordtype>article</recordtype><recordid>eNp9j81LAzEQxYMoWKsHvYpQ8CZsnUlmk-xRl_pFoRc9h3Q3C7tWU5NW6X9v6qp4cmCYw_zeezzGThDGmObSVb4bIxegdtgASeoMeKF22QAARZZW7LODGDtIwwUN2PG1989xZIMbNT64dxcO2V5jF9Edfd8he7qZPJZ32XR2e19eTbMqR1AZKtKNLURV5xJQOo11ZYG0toUqkjXxOWmlnHACyEo115WWUhcoiducczFk573vMvi3tYsr0_l1eE2RBrWmZIWUJ-qip6rgYwyuMcvQvtiwMQhmW9lsK5uvygnGHv5oF27zD2km5ezhR3PWa7q48uFXQzlwXkhK_9P-X7fLP-EIQpAUnz4pZo8</recordid><startdate>201703</startdate><enddate>201703</enddate><creator>Brunello, Giorgio</creator><creator>Weber, Guglielmo</creator><creator>Weiss, Christoph T</creator><general>John Wiley & Sons Ltd</general><general>Oxford University Press</general><scope>9S6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>201703</creationdate><title>Books are forever</title><author>Brunello, Giorgio ; Weber, Guglielmo ; Weiss, Christoph T</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5107-1748fa93cd56016e81dca0488a97923442b4877e3e304a67b8c866891642a5223</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2017</creationdate><topic>Auswirkung</topic><topic>Belgien</topic><topic>Bildungsabschluss</topic><topic>Bildungsertrag</topic><topic>Bildungspolitik</topic><topic>Bildungsreform</topic><topic>Buch</topic><topic>Deutschland</topic><topic>Dänemark</topic><topic>Earnings</topic><topic>Economic theory</topic><topic>Education</topic><topic>Einkommenseffekt</topic><topic>Europa</topic><topic>Frankreich</topic><topic>Internationaler Vergleich</topic><topic>Italien</topic><topic>Kind</topic><topic>Kultur</topic><topic>Lebenseinkommen</topic><topic>Ländlicher Raum</topic><topic>Niederlande</topic><topic>Quote</topic><topic>Reformpolitik</topic><topic>Schulzeit</topic><topic>Schweden</topic><topic>Soziale Herkunft</topic><topic>Sozialisationsbedingung</topic><topic>Sozialkapital</topic><topic>Sozioökonomischer Faktor</topic><topic>Stadt</topic><topic>Tschechische Republik</topic><topic>Österreich</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Brunello, Giorgio</creatorcontrib><creatorcontrib>Weber, Guglielmo</creatorcontrib><creatorcontrib>Weiss, Christoph T</creatorcontrib><collection>FIS Bildung Literaturdatenbank</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>The Economic journal (London)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Brunello, Giorgio</au><au>Weber, Guglielmo</au><au>Weiss, Christoph T</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Books are forever: Early life conditions, education and lifetime earnings in Europe</atitle><jtitle>The Economic journal (London)</jtitle><date>2017-03</date><risdate>2017</risdate><volume>127</volume><issue>600</issue><spage>271</spage><epage>296</epage><pages>271-296</pages><issn>0013-0133</issn><issn>1468-0297</issn><eissn>1468-0297</eissn><coden>ECJOAB</coden><abstract>We estimate the effect of education on lifetime earnings by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals with access to many or few books at home at age 10. We instrument years of education using compulsory school reforms and find that, whereas individuals in rural areas were most affected by the reforms, those with many books enjoyed substantially higher returns to their additional education. We show that books retain explanatory power even when we select relatively homogeneous groups in terms of the economic position of the household.</abstract><cop>Oxford</cop><pub>John Wiley & Sons Ltd</pub><doi>10.1111/ecoj.12307</doi><tpages>26</tpages><oa>free_for_read</oa></addata></record> |
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source | Wiley Online Library Journals Frontfile Complete; EBSCOhost Business Source Complete; Jstor Complete Legacy; Oxford University Press Journals Current |
subjects | Auswirkung Belgien Bildungsabschluss Bildungsertrag Bildungspolitik Bildungsreform Buch Deutschland Dänemark Earnings Economic theory Education Einkommenseffekt Europa Frankreich Internationaler Vergleich Italien Kind Kultur Lebenseinkommen Ländlicher Raum Niederlande Quote Reformpolitik Schulzeit Schweden Soziale Herkunft Sozialisationsbedingung Sozialkapital Sozioökonomischer Faktor Stadt Tschechische Republik Österreich |
title | Books are forever: Early life conditions, education and lifetime earnings in Europe |
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