Browsing School of Economics by Subject "Wage determination"

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The marginal and average returns to schooling

Harmon, Colm ; Walker, Ian (University College Dublin. School of Economics, 1996-09)

The existing literature now features many examples where log wages are linear in years of schooling and which effectively attempt to correct for least squares bias using instruments based essentially on a single variable. ...
The marginal and average returns to schooling in the UK

Harmon, Colm ; Walker, Ian (Elsevier Science, 1999-04)

We explore the possibility that different instruments may affect different margins of the schooling distribution, and consistent with recent evidence we find a large, significant downward bias in the least squares estimate ...