Estimates of the economic return to schooling from a new samlpe of twins:
This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels. Multiple measurements of schooling levels were also collected to assess the effect of reporting error on the estimated economic returns to schooling. The data indicate that omitted abil...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
NBER
1992
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
4143 |
| Zusammenfassung: | This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels. Multiple measurements of schooling levels were also collected to assess the effect of reporting error on the estimated economic returns to schooling. The data indicate that omitted ability variables do not bias the estimated return to schooling upward, but that measurement error does bias it downward. Adjustment for measurement error indicates that an additional year of schooling increases wages by 16%, a higher estimate of the economic returns to schooling than has been previously found. |
| Beschreibung: | 26, [13] S. graph. Darst. |
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| 245 | 1 | 0 | |a Estimates of the economic return to schooling from a new samlpe of twins |c Orley Ashenfelter ; Alan Krueger |
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| 700 | 1 | |a Krueger, Alan B. |d 1960-2019 |e Verfasser |0 (DE-588)124526535 |4 aut | |
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| spelling | Ashenfelter, Orley 1942- Verfasser (DE-588)124081886 aut Estimates of the economic return to schooling from a new samlpe of twins Orley Ashenfelter ; Alan Krueger Cambridge, Mass. NBER 1992 26, [13] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 4143 This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels. Multiple measurements of schooling levels were also collected to assess the effect of reporting error on the estimated economic returns to schooling. The data indicate that omitted ability variables do not bias the estimated return to schooling upward, but that measurement error does bias it downward. Adjustment for measurement error indicates that an additional year of schooling increases wages by 16%, a higher estimate of the economic returns to schooling than has been previously found. Krueger, Alan B. 1960-2019 Verfasser (DE-588)124526535 aut National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 4143 (DE-604)BV002801238 4143 |
| spellingShingle | Ashenfelter, Orley 1942- Krueger, Alan B. 1960-2019 Estimates of the economic return to schooling from a new samlpe of twins |
| title | Estimates of the economic return to schooling from a new samlpe of twins |
| title_auth | Estimates of the economic return to schooling from a new samlpe of twins |
| title_exact_search | Estimates of the economic return to schooling from a new samlpe of twins |
| title_exact_search_txtP | Estimates of the economic return to schooling from a new samlpe of twins |
| title_full | Estimates of the economic return to schooling from a new samlpe of twins Orley Ashenfelter ; Alan Krueger |
| title_fullStr | Estimates of the economic return to schooling from a new samlpe of twins Orley Ashenfelter ; Alan Krueger |
| title_full_unstemmed | Estimates of the economic return to schooling from a new samlpe of twins Orley Ashenfelter ; Alan Krueger |
| title_short | Estimates of the economic return to schooling from a new samlpe of twins |
| title_sort | estimates of the economic return to schooling from a new samlpe of twins |
| volume_link | (DE-604)BV002801238 |
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