The relative economic importance of academic , psychological and behavioural attributes developed in childhood

@inproceedings{Feinstein1999TheRE,
  title={The relative economic importance of academic , psychological and behavioural attributes developed in childhood},
  author={Leon Feinstein},
  year={1999}
}
This paper makes use of the substantial information about the psychological and behavioural development of children by age ten in the 1970 Cohort to predict later, economic outcomes, namely qualifications, employment and earnings. It is found that this previously unobserved individual heterogeneity has very substantial implications for the labour market. The returns to education are not significantly reduced by this omission bias but there is evidence of substantial returns to the production of… CONTINUE READING