Abilities, Attitudes, Behaviors and their Effects on Economic Outcomes
Title: Abilities, Attitudes, Behaviors and their Effects on Economic Outcomes
Author: WEISS, Christoph
Series/Number: EUI PhD theses; Department of Economics
This thesis takes latent variables seriously. It consists of three chapters discussing the determinants of economic success for a British cohort. The evidence presented shows that abilities during childhood and adolescence are important predictors of adult educational, labor market and social outcomes. The problem is that abilities are unobserved. I hence rely on a novel item response theory method (Spady 2007) to measure these unobservables by using questions that are related to them. The assumption is that the latent variables cause the outcomes of interest but also the answers to questions that provide the basis for their measurement.
Defence date: 10 May 2011; Examining Board: Professor Richard Spady, Johns Hopkins University (External Supervisor) Professor Luigi Guiso, European University Institute Professor Flavio Cunha, University of Pennsylvania Professor Carmit Segal, Universitat Pompeu Fabra
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