To what extent is the performance of a small business venture, once started, affected by capital constraints at the time of inception and by the business founder's investment in human capital? We attempt to answer this question taking into account the potential endogeneity of human and financial...

This paper estimates the health returns to schooling, using a twin design. For this purpose, I use data on monozygotic twins from the Midlife in the United States survey. The results suggest that completing high school improves health, as measured through self-reported health, chronic...

Estimating a return to education für Germany as a whole gives one return on human capital on average. This article extends the existing literature using a regional perspective. On a federal-state-level the regional returns are estimable. Therefore the dataset is separated due to regional...