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reciprocal causal effects of addiction and education. Variations in endowments and cigarette prices are sources of identification …We develop and estimate a life-cycle model in a rational addiction framework where youth choose to smoke, attend school …
Persistent link: https://www.econbiz.de/10013334521
This paper formulates and estimates a dynamic model of health, addiction, education, and wealth in order to understand … Youth 97, using a two-step estimation procedure that combines factor analysis and the simulated method of moments. Using the …) how policies that improve endowments affect health, addiction, education, and wealth …
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Intelligence quotient (IQ), grades, and scores on achievement tests are widely used as measures of cognition, yet the correlations among them are far from perfect. This paper uses a variety of data sets to show that personality and IQ predict grades and scores on achievement tests. Personality...
Persistent link: https://www.econbiz.de/10011580913
An open question in the literature is whether families compensate or reinforce the impact of child health shocks. Discussions usually focus on one dimension of child investment. This paper examines multiple dimensions using household survey data on Chinese child twins whose average age is 11. We...
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