Returns to Education: Evidence from UK Twins: Comment
AbstractIn an article published in the American Economic Review, Dorothe Bonjour et al. (2003) used a dataset on female monozygotic twins and showed that the within-twin estimated return to one year of education was 7.7 percent and statistically significant at the 5 percent level. This comment illustrates that the point estimate conclusion is driven by one twin pair, which is an outlier in the dataset. If one eliminates this twin pair, then the estimated return to education is 5.1 percent and statistically significant at the 10 percent level only. (JEL I21, J16, J24, J31)
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Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 101 (2011)
Issue (Month): 4 (June)
Find related papers by JEL classification:
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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- Sandewall, Örjan & Cesarini, David & Johannesson, Magnus, 2014.
"The co-twin methodology and returns to schooling — testing a critical assumption,"
Elsevier, vol. 26(C), pages 1-10.
- Sandewall, Örjan & Cesarini, David & Johannesson, Magnus, 2009. "The Co-twin Methodology and Returns to Schooling – Testing a Critical Assumption," Working Paper Series 806, Research Institute of Industrial Economics.
- Petter Lundborg, 2013. "The health returns to schooling—what can we learn from twins?," Journal of Population Economics, Springer, vol. 26(2), pages 673-701, April.
- Returns to Education: Evidence from UK Twins: Comment (AER 2011) in ReplicationWiki
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