In this paper we estimate the causal relationship between schooling and non- cognitive skills in later life. We exploit two exogenous changes in education policy in China and Indonesia and estimate the effect of schooling on non-cognitive skills as measured by the Locus of Control and...

This paper presents a simple method for estimating the size of environmental capital (KN) assets that are otherwise mistaken as infinite. An illustration is provided for Australia's air shed. The method draws on the perpetual inventory method (PIM) used in macroeconomics for measuring the size...