Skill, parental income, and IV estimation of the returns to schooling

Applied Economics Letters

Volumn 10, Issue 5, 2003, Pages 281-286

  Lemke, Robert J ^a   Rischall, Isaac C ^b  

^a LAKE FOREST COLLEGE   (United States)

^b Citigroup   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EDUCATIONAL ATTAINMENT; ESTIMATION METHOD; RETURNS TO EDUCATION; WAGE DETERMINATION;

EID: 0038405074     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/13504850320000078653     Document Type: Article

References (23)

1. Angrist, J. A. and Krueger, A. B. (1991) Does compulsory school attendance affect schooling and earnings?, Quarterly Journal of Economics, 106, 979-1014.
2. Ashenfelter, O., Harmon, C. and Oosterbeek, H. (1999) A review of estimates of the schooling/earnings relationship, with tests for publication bias, Labour Economics, 6, 453-70.
3. Ashenfelter, O. and Krueger, A. (1994) Estimates of the economic return to schooling from a new sample of twins, American Economic Review, 84, 1157-73.
4. Ashenfelter, O. and Rouse, C. (1998) Income, schooling, and ability: evidence from a new sample of identical twins, Quarterly Journal of Economics, 113, 253-84.
5. Ashenfelter, O. and Zimmerman, D. J. (1997) Estimates of the returns to schooling from sibling data: fathers, sons, and brothers, Review of Economics and Statistics, 79, 1-9.
6. Basmann, R. L. (1960) On finite sample distributions of generalized classical linear identifiability test statistics, Journal of the American Statistical Association, 55, 650-59.
7. Blackburn, M. L. and Neumark, D. (1993) Omitted-ability bias and the increase in the return to schooling, Journal of Labor Economics, 11,521-44.
8. Blackburn, M. L. and Neumark, D. (1995) Are OLS estimates of the return to schooling biased downward? Another look, Review of Economics and Statistics, 77, 217-30.
9. Bound, J. and Jaeger, D. A. (1996) On the validity of season of birth as an instrument in wage equations: a comment on Angrist and Krueger's 'Does compulsory school attendance affect schooling and earnings?', National Bureau of Economic Research working paper 5835.
10. Bound, J. Jaeger, D. A. and Baker, R. M. (1995) Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variable is weak, Journal of the American Statistical Association, 90, 443-50.
11. Card, D. (1995) Using geographic variation in college proximity to estimate the return to schooling, in Aspects of Labour Market Behavior: Essays in Honour of John Vanderkamp (Ed.) L. N. Christofides, E. Kenneth Grant, Robert Swidinsky, and John Vanderkamp, University of Toronto Press Incorporated, Toronto, pp. 201-22.
12. Card, D. (1999) The causal effect of education on earnings, in Handbook of Labor Economics, Volume 3, (Ed.) O. Ashenfelter and D. Card. North-Holland, New York.
13. Conneely, K. and Uusitalo, R. (1997) Estimating heterogeneous treatment effects in the Becker schooling model, Unpublished discussion paper, Princeton University Industrial Relations Section.
14. Griliches, Z. (1977) Estimating the returns to schooling: some econometric problems, Econometrica, 45, 1-22.
15. Griliches, Z. and Mason, W. M. (1972) Education, income, and ability, Journal of Political Economy, 80, S74-S103.
16. Harmon, C. and Walker, I. (1995) Estimates of the economic return to schooling for the United Kingdom, American Economic Review, 85, 1278-86.
17. Kane, T. K. and Rouse, C. E. (1995) Labor-market returns to two- and four-year college, American Economic Review, 85, 600-14.
18. Neal, D. A. and Johnson, W. R. (1996) The role of premarket factors in black-white wage differences, Journal of Political Economy, 104, 869-95.
19. Solon, G. (1992) Intergenerational income mobility in the United States, American Economic Review, 82, 393-408.
20. Solon, G., Corcoran, M., Gordon, R. and Laren, D. (1991) A longitudinal analysis of sibling correlations in economic status, Journal of Human Resources, 26, 509-34.
21. Staiger, D. and Stock, J. H. (1997) Instrumental variables regression with weak instruments, Econometrica, 65, 557-86.
22. Willis, R. J. and Rosen, S. (1979) Education and self-selection, Journal of Political Economy, 87, S7-S36.
23. Zimmerman, D. J. (1992) Regression toward mediocrity in economic stature, American Economic Review, 82, 409-29.