We use inheritance patterns over three generations of individuals to assess the impact of changes in the Hindu Succession Act that grant daughters equal coparcenary birth rights in joint family property that were denied to daughters in the past. We show that the amendment significantly increased daughters' likelihood to inherit land, but that…

This paper employs conditional second moments to identify the impact of education in wage regressions where education is treated as endogenous. This approach avoids the use of instrumental variables in a setting where instruments are frequently not available. We employ this methodology to estimate the returns to schooling for a sample of…

Using data from the Panel Study of Income Dynamics PSID, across the life course Socio Economic Status (SES) impacts future health outcomes, although the primary influence is education and not an individual's financial resources in whatever form they are received. That conclusion appears to be robust whether the financial resources are income or…

Countries devise policies to encourage higher ability children from low economic backgrounds to attain better education so that they contribute to the nation. A study of the trends in Britain reveal that not withstanding the educational policies, low ability children with high economic status tended to have largest achievements in education.