... forming the traditional core of economics At the same time, specialists from fields that consider social questions are often attracted to the economic way of modelling behavior because of the analytical ... observations rather than grouped data, and he carefully analyzed the properties of residuals from earnings-generating equations There are now numerous estimated rates of return to education and ... assumption of forward -looking behavior, the economic point of view implies that parents try to anticipate the effect of what happens to children on their attitudes and behavior when adults These effects...