✦ LIBER ✦

Double trouble: on the value of twins-based estimation of the return to schooling

✍ Scribed by John Bound; Gary Solon

Book ID: 117445584
Publisher: Elsevier Science
Year: 1999
Tongue: English
Weight: 114 KB
Volume: 18
Category: Article
ISSN: 0272-7757
DOI: 10.1016/s0272-7757(98)00048-x

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## Abstract In this paper we develop likelihood‐based methods for statistical inference in a joint system of equations for the choice of length of schooling and earnings. The model for schooling choice is assumed to be an ordered probit model, whereas the earnings equation contains variables that a