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Estimating returns to schooling: when does the career begin?

✍ Scribed by Audrey Light


Book ID
117445477
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
94 KB
Volume
17
Category
Article
ISSN
0272-7757

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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