Autori
Fielding, David
Mizen, Paul

Titolo
The relationship between price dispersion and inflation: a reassessment.
Periodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 2001 - Fascicolo: 10 - Pagina iniziale: 1 - Pagina finale: 31

High school completion rates vary considerably across West-German counties (Landkreise) and are highly correlated with measures of schooling infrastructure. We argue that 'place of childhood' as a proxy of schooling infrastructure is a convincing exogenous source of variation in schooling levels that allows us to identify the causal effect of schooling for well-defined subgroups of the population. Using the variable treatment intensity approach exposed by Angrist and Imbens (1995) we find that individuals from 'poor family background' respond most strongly to the instrument 'place of childhood'. Their response is further most pronounced at low schooling levels whereas the response of individuals with 'rich family background' is most pronounced at higher schooling levels. Finally, this approach allows us to detect changes in the response function over time.



Testo completo: http://www.iue.it/PUB/ECO2001-10.pdf

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