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The Cultural Revolution and returns to schooling in China: Estimates based on twins

✍ Scribed by Junsen Zhang; Pak-Wai Liu; Linda Yung

Book ID: 116633756
Publisher: Elsevier Science
Year: 2007
Tongue: English
Weight: 131 KB
Volume: 84
Category: Article
ISSN: 0304-3878
DOI: 10.1016/j.jdeveco.2006.12.006

No coin nor oath required. For personal study only.

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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