Kirkebøen, Lars J.; Leuven, Edwin; Mogstad, Magne - 2014 - This version: December 2014
alternatives. Even with a valid instrument for every type of education, instrumental variables estimation of the payoffs require …. Our context is Norway's post-secondary education system where a centralized admission process covers almost all … correcting for selection bias and keeping the next-best alternatives as measured at the time of application fixed. We find that …
