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The authors examine evidence on bias in OLS estimates of the economic return to schooling. To study omitted-ability bias, they use test scores available in the National Longitudinal Survey of Youth as proxies for ability allowing for measurement error in these test scores. The authors also...
Persistent link: https://www.econbiz.de/10005740265
Over the 1980s, there were sharp increases in the return to schooling estimated with conventional wage regressions. The authors explore whether the relationship between ability and schooling changed over this period in ways that would have increased the schooling coefficient in these...
Persistent link: https://www.econbiz.de/10005601745
Using data from the Luxembourg Income Study, the author studies the sensitivity of cross-national income poverty comparisons to the method in which poverty is measured. Absolute poverty comparisons that keep the purchasing power at the poverty line constant across countries lead to conclusions...
Persistent link: https://www.econbiz.de/10005290469
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A major problem that arises in measuring poverty is the adequate expression, in a poverty index, of the information from the incomes of individuals below the poverty line. This article evaluates several poverty indexes on the basis of their ability to satisfy five properties desirable for a...
Persistent link: https://www.econbiz.de/10005429991
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This paper analyzes changes in U.S. earnings differentials in the 1980s between race, gender, age, and schooling groups. There are four main sets of results to report. First, the economic position of less-educated workers declined relative to the more-educated among almost all demographic...
Persistent link: https://www.econbiz.de/10011935138
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This paper analyzes alternative mechanisms for the selection of arbitrators. The authors review key institutional features of the threemost prevalent mechanisms for selecting arbitrators: rank/veto, alternate strike, and rotating panel. They present a more formal analysis in which these...
Persistent link: https://www.econbiz.de/10005237776
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