Arbeitspapier
Smoking, discount rates, and returns to education
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education regression. Doing this for Austrian cross-sectional data, we find no evidence of ability bias.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 0002
- Klassifikation
-
Wirtschaft
Wage Level and Structure; Wage Differentials
Educational Finance; Financial Aid
- Thema
-
returns to education
instrumental variables
ability bias
discount rates
Bildungsertrag
Rauchen
Soziale Diskontrate
Österreich
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fersterer, Josef
Winter-Ebmer, Rudolf
- Ereignis
-
Veröffentlichung
- (wer)
-
Johannes Kepler University of Linz, Department of Economics
- (wo)
-
Linz
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fersterer, Josef
- Winter-Ebmer, Rudolf
- Johannes Kepler University of Linz, Department of Economics
Entstanden
- 2000
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