CHEN, Guifu; HAMORI, Shigeyuki - In: China Economic Review 20 (2009) 2, pp. 143-152
This paper examines economic returns to schooling in urban China using ordinary least square (OLS) and instrumental variable (IV) methodologies. First, we find that OLS estimates of the returns to education are lower in China than in other transition economies, whereas IV estimates are higher in...