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Ashenfelter and Krueger's (1993) within-twin, measurement-error- corrected estimate of the return to schooling is about 13-16 percent. If their estimate is unbiased, then their results imply considerable downward measurement error bias in uncorrected within-twin estimates of the return to...
Persistent link: https://www.econbiz.de/10012474164
Ashenfelter and Krueger's (1993) within-twin, measurement-error- corrected estimate of the return to schooling is about 13-16 percent. If their estimate is unbiased, then their results imply considerable downward measurement error bias in uncorrected within-twin estimates of the return to...
Persistent link: https://www.econbiz.de/10013224439
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schooling, and examine wages at labor market entry and later. Including ability proxies reduces the estimate of the return to … considerably higher estimates of the return to schooling, although only for wages at labor market entry. This estimated return …
Persistent link: https://www.econbiz.de/10012474703
relationship between ability and schooling, underlies the observed increase in the return to education over the 1980s. We also find … that the increase in the return to education has occurred largely for workers with relatively high levels of academic …
Persistent link: https://www.econbiz.de/10012475313
schooling, and examine wages at labor market entry and later. Including ability proxies reduces the estimate of the return to … considerably higher estimates of the return to schooling, although only for wages at labor market entry. This estimated return …
Persistent link: https://www.econbiz.de/10013246252
relationship between ability and schooling, underlies the observed increase in the return to education over the 1980s. We also find … that the increase in the return to education has occurred largely for workers with relatively high levels of academic …
Persistent link: https://www.econbiz.de/10013248698
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