A well-established empirical literature suggests that individual wages are persistent. Several theoretical arguments … support this empirical finding. Yet, the standard approach to the estimation of schooling returns does not account for this … commonly used static-model estimators of schooling coefficients are subject to an omitted-variable bias which can be named …

education shows positive effects for the unemployed with respect to both the employment probability and wages. To explain the … participate in adult education programs. We analyze the effect of this on the duration to work and on the wage rate, by applying … population. The Swedish adult education program is unprecedented in its size, and enrollment is universally available at …

This paper investigates whether returns to schooling differ according to the choice of the measure of earnings and the … estimates of returns to education. Depending on the common measure chosen, estimates of returns for level of education can …, returns also differ significantly. Returns to primary education are 40-70% in Uganda and 20-30% in Malawi and Tanzania …