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
Hauptverfasser: Brunello, Giorgio, Weber, Guglielmo, Weiss, Christoph T
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container_title The Economic journal (London)
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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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1468-0297
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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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