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We examine evidence on omitted-ability bias in estimates of the economic return to schooling, using proxies for …
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estimates for a number of reasons. Consequently, if we neglect this potential bias in OLS when estimating the gender wage gap …
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estimates for a number of reasons. Consequently, if we neglect this potential bias in OLS when estimating the gender wage gap …
Persistent link: https://www.econbiz.de/10001440964
-squares (OLS). To explore these conjectures, we derive an expression for OLS omitted variable bias in a univariate model with … conventional omitted variables bias. Moreover, we show that spatial dependence in the regressor exacerbates the usual bias that …
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This paper provides an expression for the bias of the OLS estimator of the schooling coefficient in a simple static … coefficient is biased upward, and the bias is increasing with potential labor-market experience and the degree of earnings … persistence. In addition, NLSY data are used to show that the magnitude of the persistence bias is non-negligible, and the bias …
Persistent link: https://www.econbiz.de/10009699444