Education is strongly associated with better health and longer lives. However, the extent to
which education causes health and longevity is widely debated. We develop a human …

We review and extend the empirical literature that seeks evidence of a wedge between the
private and social returns to human capital, specifically education. This literature has two …

We estimate the effect of education on participation in criminal activity using changes in state
compulsory schooling laws over time to account for the endogeneity of schooling decisions …

This paper reexamines the empirical basis for two" facts" that seem to be found in most cross-
section studies of immigrant earnings:(1) the earnings of immigrants grow rapidly as they …

Prior research has uncovered a large and positive correlation between education and
health. This paper examines whether education has a causal impact on health. I follow …

Many economists and policymakers believe that education creates positive externalities.
Indeed, average schooling in US states is highly correlated with state wage levels, even …

The key difference between signalling and human capital models is that signalling models
allow firms to draw inferences about unobserved characteristics of workers. Those …

The hypothesized effects of educational attainment on adult civic engagement and attitudes
provide some of the most important justifications for government intervention in the market …

We present a model in which compulsory school attendance laws, which typically require
school attendance until a specified birthday, induce a relationship between years of …

The theory of market signaling and screening is a cornerstone of the new economics of
information. The last two and a half decades have not only witnessed a series of remarkable …