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Interpreting degree effects in the returns to education

Flores-Lagunes, Alfonso; Light, Audrey - 2009

Researchers often identify degree effects by including degree attainment (D) and years of schooling (S) in a wage model, yet the source of independent variation in these measures is not well understood. We argue that S is negatively correlated with ability among degree-holders because the most...

Persistent link: https://www.econbiz.de/10010269332