We show that two-stage least squares (2SLS) estimates of interactions can be misleading in settings with essential heterogeneity (e.g., selection into gains) and where complier status to the instrument depends on the interaction variable. The 2SLS estimator cannot disentangle interaction effects...

We show that two-stage least squares (2SLS) estimates of interactions can be misleading in settings with essential heterogeneity (e.g., selection into gains) and where complier status to the instrument depends on the interaction variable. The 2SLS estimator cannot disentangle interaction effects...

This paper relies on a large-scale sample of genotyped individuals linked with detailed register data in Denmark to investigate the context-dependence of genetic influences on human capital formation. We show that the returns to genetic endowments, measured by a polygenic score for educational...

This paper relies on a large-scale sample of genotyped individuals linked with detailed register data in Denmark to investigate the context-dependence of genetic influences on human capital formation. We show that the returns to genetic endowments, measured by a polygenic score for educational...

It is well-established that (1) there is a large genetic component to mental health, and (2) higher schooling attainment is associated with better mental health. Given these two observations, we test the hypothesis that schooling may attenuate the genetic predisposition to poor mental health....

It is well-established that (1) there is a large genetic component to mental health, and (2) higher schooling attainment is associated with better mental health. Given these two observations, we test the hypothesis that schooling may attenuate the genetic predisposition to poor mental health....

It is well-established that (1) there is a large genetic component to mental health, and (2) higher schooling attainment is associated with better mental health. Given these two observations, we test the hypothesis that schooling may attenuate the genetic predisposition to poor mental health....