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Books are Forever

Early Life Conditions, Education and Lifetime Earnings in Europe

Bibliographic Data

ID9707841
AuthorsGiorgio Brunello (0000-0002-4830-4199, University of Padova and IZA), Guglielmo Weber (0000-0002-2137-9676, University of Padova, CEPR and IFS, corresponding author), Christoph T Weiss (University of Padua), Christoph Weiss (0000-0002-6131-0817, University of Padua)
Year2017
Volume127
Issue600
Pages271-296
Publication date2017-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/ecoj.12307
OpenAlexW2152333272
LanguageEN
Citations received19
References cited39

We estimate the effect of education on lifetime earnings by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals with access to many or few books at home at age ten. We instrument years of education using compulsory school reforms and find that, whereas individuals in rural areas were most affected by the reforms, those with many books enjoyed substantially higher returns to their additional education. We show that books retain explanatory power even when we select relatively homogeneous groups in terms of the economic position of the household

Compulsory education · Demographic economics · Earnings · Economic growth · Economics · Explanatory power · Homogeneous · Labour economics · Political science · Position (finance · Power (physics · Rural area · Accounting · Finance · Intergenerational and Educational Inequality Studies · Labor market dynamics and wage inequality · Law · School Choice and Performance

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Unique citing works19
Citations per year1,9
Citation span2016 - 2026 (11)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 16

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