investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit …

This paper examines the long-run effects of the 1980-1982 recession on education and income. Using confidential Census …

data on student- and parent-reported aspirations and attitudes towards education allow us to explore the channels …

This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment … environment tend to be more effective in creating productive firms when accompanied by narrowing skill gaps. Similarly, more … conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To …

market outcomes in the Health and Retirement Study (HRS). We demonstrate that the same genetic score that predicts education … is also associated with higher wages, but only among individuals with a college education. Moreover, the genetic gradient …

human capital externalities, gathering microdata beyond censuses, and carefully considering optimal policy - among others …

children. But what if children also affect their parents' human capital? Using exogenous variation in education, arising from a …-sectional relationship between children's education and their parents' longevity. Our causal estimates tell a different story; children …

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …