measure ‘income’). This is the case even when estimating individual fixed effects of the differential returns to education for …/or whether we use instrumental variables to cope with the endogenous nature of education in income equations. Finally, we find …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

it not only includes data on occupational status for the adoptees and their adoptive parents, but also for their … biological parents. Moreover, we use comparable data on entrepreneurship for a large, representative sample of the Swedish … the probability of children's entrepreneurship by about 60%. We further show that for adoptees, both biological and …

of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …