The Effect of Schooling on Earnings: Evidence on the role of family background from a large sample of Norwegian twins
AbstractA large representative sample of Norwegian twins is used to estimate the causal effect of schooling on earnings in Norway, separately for men and women. The within-twin-pair estimates reveal that standard cross section (OLS) estimates of the schooling effect on male hourly earnings are biased upwards. For women, no such bias is found. However, family background appears to affect both educational attainment and post-schooling labour supply of women, implying that the standard estimate of the effect of schooling on female annual earnings is upward biased.
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Bibliographic InfoArticle provided by Nordic Journal of Political Economy in its journal Nordic Journal of Political Economy.
Volume (Year): 26 (2000)
Issue (Month): ()
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Web page: http://www.nopecjournal.org
Find related papers by JEL classification:
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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- Orley Ashenfelter & Cecilia Rouse, 1999.
"Schooling, Intelligence, and Income in America: Cracks in the Bell Curve,"
NBER Working Papers
6902, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Cecilia Rouse, 1998. "Schooling, Intelligence, and Income in America: Cracks in the Bell Curve," Working Papers 786, Princeton University, Department of Economics, Industrial Relations Section..
- Miller, Paul W & Mulvey, Charles & Martin, Nick, 1995. "What Do Twins Studies Reveal about the Economic Returns to Education? A Comparison of Australian and U.S. Findings," American Economic Review, American Economic Association, vol. 85(3), pages 586-99, June.
- James J. Heckman & Lance Lochner & Christopher Taber, 1999. "General Equilibrium Cost Benefit Analysis of Education and Tax Policies," NBER Working Papers 6881, National Bureau of Economic Research, Inc.
- Aakvik, Arild & Salvanes, Kjell G & Vaage, Kjell, 2003.
"Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms,"
CEPR Discussion Papers
4088, C.E.P.R. Discussion Papers.
- Aakvik, Arild & Salvanes, Kjell G. & Vaage, Kjell, 2003. "Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms," IZA Discussion Papers 815, Institute for the Study of Labor (IZA).
- Aakvik, Arild & Salvanes, Kjell G. & Vaage, Kjell, 2003. "Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms," Working Papers in Economics 08/03, University of Bergen, Department of Economics.
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