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Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems

✍ Scribed by David Card


Book ID
108556058
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
192 KB
Volume
69
Category
Article
ISSN
0012-9682

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✍ John K. Dagsvik; TorbjØrn HÆgeland; Arvid Raknerud 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 237 KB

## 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