Bhuller, Manudeep; Mogstad, Magne; Salvanes, Kjell G. - 2011
schooling in current and lifetime earnings. We use these results to assess the importance of life-cycle bias in earnings … regressions using current earnings as a proxy for lifetime earnings. To account for the endogeneity of schooling, we apply three … returns to schooling, and discuss possible remedies. -- returns to schooling ; life-cycle bias ; lifetime earnings ; current …