Mishra, Vinod; Smyth, Russell - In: Journal of Asian Economics 24 (2013) C, pp. 89-102
recent studies for the Chinese urban labour market. We use parents’ education and spouse's education to instrument for … education as well as exploit heteroskedasticity to aid in identification. The two-stage least squares estimates using parents …’ and spouse's education are considerably higher than the OLS estimates for returns to schooling, while the estimates which …