New Working Paper: Economic Freedom and Intergenerational Educational Mobility

I have a new working paper available. Its co-authored with Alicia Plemmons and Justin Callais. Its a very short one (i.e., a letter) that deals with intergenerational educational mobility and economic freedom. The link to the SSRN article is here and the abstract is below:

Using World Bank estimates of intergenerational educational persistence and mobility for multiple across the development spectrum, this paper finds that economic freedom noticeably improves educational mobility. This is probably because economic freedom increases the returns to education in ways that incentivizes greater investment in education.

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