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Absolute Risk Aversion and the Returns to Education
Brunello, Giorgio - 2000
Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...
Persistent link: https://www.econbiz.de/10010262400
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Africa's education enigma? The Nigerian story
Uwaifo Oyelere, Ruth - 2007
In the last two decades, the social and economic benefits of formal education in Sub-Saharan Africa have been debated. Anecdotal evidence points to low returns to education in Africa. Unfortunately, there is limited econometric evidence to support these claims at the micro level. In this study,...
Persistent link: https://www.econbiz.de/10010268929
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Count your hours: returns to education in Poland
Myck, Michał; Nicinska, Anna; Morawski, Leszek - 2009
measure of wages used and the estimation approach applied. Combining information from two different Polish surveys from 2005 … comprehensive analysis of the effects of using different methods and the issue of selection-correction in the estimation of the wage … estimation performs relatively well for men in comparison to our preferred selection corrected estimation, while using family …
Persistent link: https://www.econbiz.de/10010276050
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Smoking, discount rates, and returns to education
Fersterer, Josef; Winter-Ebmer, Rudolf - 2000
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10010294523
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Smoking, Discount Rates, and Returns to Education
Fersterer, Josef; Winter-Ebmer, Rudolf - 2000
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...
Persistent link: https://www.econbiz.de/10010262347
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Assessing the returns to education in Georgia
Khitarishvili, Tamar - 2010
The economic returns to education in transition countries have been extensively evaluated in the literature. The present study contributes to this literature by estimating the returns to education in Georgia during the last transition period 2000-04. We find very low returns to education in...
Persistent link: https://www.econbiz.de/10010286544
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Endogenous semiparametric binary choice models with heteroscedasticity
Hoderlein, Stefan - 2009
example of a structural model where no semiparametric estimator has of yet been analyzed, we consider the binary random …, overidentification and endogeneity. We analyze the small sample performance through a simulation study. An application of the model to …
Persistent link: https://www.econbiz.de/10010288422
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Nonparametric identification and estimation with non-classical errors-in-variables
Evdokimov, Kirill S.; Zeleneev, Andrei - 2024
This paper considers nonparametric identification and estimation of the regression function when a covariate is …
Persistent link: https://www.econbiz.de/10014581847
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A note on parametric and nonparametric regression in the presence of endogenous control variables
Frölich, Markus - 2006
This note argues that nonparametric regression not only relaxes functional form assumptions vis-a-vis parametric regression, but that it also permits endogenous control variables. To control for selection bias or to make an exclusion restriction in instrumental variables regression valid,...
Persistent link: https://www.econbiz.de/10010268065
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Convex treatment response and treatment selection
Boes, Stefan - 2010
This paper analyzes the identifying power of weak convexity assumptions in treatment effect models with endogenous selection. The counterfactual distributions are constrained either in terms of the response function, or conditional on the realized treatment, and sharp bounds on the potential...
Persistent link: https://www.econbiz.de/10010315574