In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals …. We instrument years of education using reforms of compulsory education in nine different countries, and find that … education. Our main result is that books at home at age ten have had long-lasting beneficial effects on the individuals who were …

education over the working life of individuals. We find evidence that employees with tertiary education have steeper experience … profiles than employees with upper secondary or compulsory education. Hence, education provides not only an initial labor … in earnings growth by education are lower in countries with a higher level of corporatism and higher in countries which …

This paper estimates the health returns to education, using data on identical twins. I adopt a twin … both education and health. I further investigate to what extent within-twin-pair differences in schooling correlates with … education on health. Higher educational levels are found to be positively related to self-reported health but negatively related …

substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs … have lower incomes. We also analyze those who changed careers. Those with higher level of education are more likely to …