Browsing by Subject "Heteroscedasticity"

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Using heteroscedasticity to estimate the returns to education

Hogan, Vincent (Vincent Peter) ; Rigobon, Roberto (University College Dublin. School of Economics, 2003-01)

We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education ...
Using heteroscedasticity to estimate the returns to education

Hogan, Vincent (Vincent Peter) ; Rigobon, Roberto (University College Dublin. Institute for the Study of Social Change (Geary Institute), 2002-06-14)

We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education ...