Arbeitspapier
Books are forever: Early life conditions, education and lifetime income
In this paper we estimate the effect of education on lifetime earnings 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 while individuals with many books at home mostly benefited from education. Our main result is that books at home at age ten have had long-lasting beneficial effects on the individuals who were pushed by the reforms to increase their years of education.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 6386
- Classification
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
- Subject
-
education
lifetime income
early conditions
Europe
Sozialisation
Kognition
Bildungschancen
Bildungsertrag
Erwerbsverlauf
Ländlicher Raum
Europa
- Event
-
Geistige Schöpfung
- (who)
-
Brunello, Giorgio
Weber, Guglielmo
Weiss, Christoph T.
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2012
- Handle
- URN
-
urn:nbn:de:101:1-201206146614
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Brunello, Giorgio
- Weber, Guglielmo
- Weiss, Christoph T.
- Institute for the Study of Labor (IZA)
Time of origin
- 2012
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Books are forever: Early life conditions, education and lifetime earnings in Europe
Absolute Risk Aversion and the Returns to Education
Is training more frequent when wage compression is higher? Evidence from 11 European countries
Happier with Vocational Education?
On the complementary between education and training in Europe
Unemployment, Education and Earnings Growth
Is Training more Frequent when Wage Compression is Higher? Evidence from 11 European Countries
Absolute risk aversion and the returns to education
Workplace Training and Labour Market Institutions in Europe
On the Complementarity between Education and Training in Europe
The effect of economic downturns on apprenticeships and initial workplace training: a review of the evidence