permanent endowments as well as on education. We find evidence of statistically significant complementarity, i.e. the higher …

We model the joint distribution of (i) individual education trajectories, defined by the allocation of time (semesters …

Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there … exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased … estimates for a number of reasons. Consequently, if we neglect this potential bias in OLS when estimating the gender wage gap …

Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there … exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased … estimates for a number of reasons. Consequently, if we neglect this potential bias in OLS when estimating the gender wage gap …