In this paper, we report returns to education in India using unit level data from the nationwide Periodic Labour Force Survey for 2018-19. OLS estimates from the classical Mincerian equation are presented. Various econometric techniques (e.g., conventional IV and heteroskedasticity-based IV...

In this paper, we use the Chinese General Social Survey data (2010-2017) to analyse the returns to different education qualifications. We additionally compare the returns to vocational education with returns to academic education, at both the upper secondary level and the tertiary level....

In this paper, we use the Chinese General Social Survey data to analyse the returns to upper secondary vocational education in China. To address possible endogeneity of vocational training due to omitted heterogeneity, we construct a novel instrumental variable using the proportion of tertiary...

One of the dangers of high inflation is that it can cause firms and households to pay close attention to it. This internalization of inflation can lead to an accelerationist regime, making inflation harder to control. We empirically assess the relationship between attention and the level of...