Vella, Francis; Farré, Lídia; Klein, Roger - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2008
We estimate the return to education using a sample drawn from the National Longitudinal Survey of Youth 1979 (NLSY79). Rather than accounting for the endogeneity of schooling through the use of instrumental variables we employ a parametric version of the Klein and Vella (2006a) estimator. This...
