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Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents...
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, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings … education in the region where they currently reside, and other factors. A decrease in the pupil-teacher ratio from 30 to 25, for … example, is associated with a 0.4 percentage point increase in the rate of return to education. The estimated relationship …
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