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This paper examines ways that families use time to shape their children’s health behaviors. Specifically, it explores ways that parents can prepare children to make health-enhancing choices as adults. It also analyzes ways that offspring manage their time during young adulthood, when they are...
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Comparing earnings equations in the Panel Study of Income Dynamics (PSID) and the Current Population Survey, we find that the PSID considerably underestimates the returns to education during the 1992–2007 period. Non-random selection in the PSID sample appears to be the reason.
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