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Dahl, Gordon; Lochner, Lance – Institute for Research on Poverty, 2009
Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use two simulated instrumental variables strategies to estimate the causal effect of income on children's math and reading achievement. Our identification derives from the large, non-linear changes…
Descriptors: Family Income, Academic Achievement, Evidence, Tax Credits