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This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis...
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intergenerational effects of World War II in terms of educational attainments. We focus on parent-children dyads in which parents were … who did not. Second, the children of parents who suffered the war have lower educational attainments than the children of … born between 1926 and 1949, and show two things. First, parents who suffered the war, that is, were exposed to major war …
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