Books Are Forever : Early Life Conditions, Education and Lifetime Earnings in Europe

Brunello, Giorgio; Weber, Guglielmo; Weiss, Christoph T.

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タイトル	Books Are Forever : Early Life Conditions, Education and Lifetime Earnings in Europe
著者	Brunello, Giorgio Brunello, Giorgio
	Weber, Guglielmo Weber, Guglielmo
	Weiss, Christoph T. Weiss, Christoph T.
キーワード等	lifetime earnings
	returns to education
	Europe
抄録	We estimate the effect of education on lifetime income in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of compulsory education in nine different countries, and find that individuals in rural areas were most affected by the reforms. Among those affected, individuals with many books at home at age ten enjoyed substantially higher returns to their additional education. We argue that the long – lasting beneficial effects of having books at home are due to the cultural environment in the household and the development of cognitive skills rather than to the presence of short - term liquidity constraints.
公開者	The Institute of Social and Economic Research, Osaka University
掲載誌名	Institute of Social and Economic Research Discussion Papers
巻	842
刊行年月	2012-05
URL	http://hdl.handle.net/11094/23401
関連情報 (references)	http://www.iser.osaka-u.ac.jp/library/dp/2012/DP0842.pdf
言語	英語
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Institute of Social and Economic Research Discussion Papers

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Institute of Social and Economic Research Discussion Papers.842
DC.title	Books Are Forever : Early Life Conditions, Education and Lifetime Earnings in Europe
DC.creator	Brunello, Giorgio
	Weber, Guglielmo
	Weiss, Christoph T.
DC.publisher	The Institute of Social and Economic Research, Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2012-05
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/23401
DC.subject	lifetime earnings
	returns to education
	Europe
DCTERMS.abstract	We estimate the effect of education on lifetime income in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of compulsory education in nine different countries, and find that individuals in rural areas were most affected by the reforms. Among those affected, individuals with many books at home at age ten enjoyed substantially higher returns to their additional education. We argue that the long – lasting beneficial effects of having books at home are due to the cultural environment in the household and the development of cognitive skills rather than to the presence of short - term liquidity constraints.
citation_title	Books Are Forever : Early Life Conditions, Education and Lifetime Earnings in Europe
citation_author	Brunello, Giorgio
	Weber, Guglielmo
	Weiss, Christoph T.
citation_publisher	The Institute of Social and Economic Research, Osaka University
citation_language	英語
citation_date	2012-05
citation_journal_title	Institute of Social and Economic Research Discussion Papers
citation_volume	842
citation_public_url	http://hdl.handle.net/11094/23401
citation_keywords	lifetime earnings
	returns to education
	Europe

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