Many economists and policy makers believe that education creates positive externalities. Indeed, average schooling in U.S. states is highly correlated with state wage levels, even after controlling fo
This paper studies how college major choices shape earnings and fertility outcomes. Using administrative data that link students' preferences, random assignment to majors, and post-college outcomes, w
Carlsson, Magnus, Dahl, Gordon B., Ockert, Bjorn, and Rooth, Dan-Olof, (2015) \"The Effect of Schooling on Cognitive Skills.\" Review of Economics and Statistics 97:3, 533-547.