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This paper applies the Phillips and Sul (2007) method to test for convergence in stock returns to an extensive dataset including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as the US over the period 1973-2008. We carry out the...
Persistent link: https://www.econbiz.de/10010274541
We analyze the causal effect of education on old-age cognitive abilities using German Socio-Economic Panel (SOEP) data … individual reaches in an ultra-short intelligence test. We explain this score, using instrumented education. Instrumental …). Using variations in education policy in the German federal states we are able to instrument education for three groups of …
Persistent link: https://www.econbiz.de/10010329560
While there is a big literature on the benefits of pre-school education, only little is known why kindergarten …-school programs. In order to shed light into the black box of kindergarten education, I am using the German National Educational Panel …
Persistent link: https://www.econbiz.de/10010396857
We estimate the effects of college education on female fertility – a so far understudied margin of education, which we … instrument by arguably exogenous variation induced through college expansions. While college education reduces the probability of … becoming a mother, college-educated mothers have slightly more children than mothers without a college education. Unfolding the …
Persistent link: https://www.econbiz.de/10011892129