A well-established empirical literature suggests that individual wages are persistent. Several theoretical arguments … support this empirical finding. Yet, the standard approach to the estimation of schooling returns does not account for this … commonly used static-model estimators of schooling coefficients are subject to an omitted-variable bias which can be named …

investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit …

This paper investigates the wage returns to schooling and actual early work experiences, and how these returns have … changed over the past twenty years. Using the NLSY surveys, we develop and estimate a dynamic model of the joint schooling and … work decisions that young men make in early adulthood, and quantify how they affect wages using a generalized Mincerian …

return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage …) estimates internal rates of return from high school and college/university schooling, primarily for native-born white men, but … also for other demographic groups. The first regression-based approach is the development of the schooling …

survey, this paper examines internal migration in Ethiopia, focusing on the linkages among internal migration, education and … wages. The results suggest that migrants are better educated and obtain higher wages than non-migrants, controlling for … other factors (including education), and also obtain higher returns to their education. In other words, the more educated …

the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed …

paradata. Fraction answered captures a third of the effect of cognitive ability on wages and education. We provide a simple …