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Estimates Of The Returns To Schooling From Sibling Data: Fathers, Sons, And Brothers

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Author Info
Orley Ashenfelter
David J. Zimmerman

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Abstract

Data on brothers and on fathers and sons from the National Longitudinal Survey are used to consider the impact of omitted variables and measurement errors on the economic returns to schooling. The analysis suggests that the upward bias in estimated returns due to omitted variables is likely offset by an equal downward bias resulting from measurement errors in reported schooling. Controlling for both of these potential sources of bias yields results comparable to conventional regression estimates of the economic return to schooling. © 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technolog

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Publisher Info
Article provided by MIT Press in its journal The Review of Economics and Statistics.

Volume (Year): 79 (1997)
Issue (Month): 1 (February)
Pages: 1-9
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Handle: RePEc:tpr:restat:v:79:y:1997:i:1:p:1-9

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Alan Krueger & Orley Ashenfelter, 1992. "Estimates of the Economic Return to Schooling from a New Sample of Twins," NBER Working Papers 4143, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Chamberlain, Gary, 1982. "Multivariate regression models for panel data," Journal of Econometrics, Elsevier, vol. 18(1), pages 5-46, January. [Downloadable!] (restricted)
  3. McKinley L. Blackburn & David Neumark, 1991. "Omitted-Ability Bias and the Increase in the Return to Schooling," NBER Working Papers 3693, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. repec:fth:prinin:304 is not listed on IDEAS
  5. Michael A. Boozer & Alan B. Krueger & Shari Wolkon, 1992. "Race and School Quality Since Brown vs. Board of Education," NBER Working Papers 4109, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Griliches, Zvi, 1979. "Sibling Models and Data in Economics: Beginnings of a Survey," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages S37-64, October. [Downloadable!] (restricted)
  7. Griliches, Zvi, 1977. "Estimating the Returns to Schooling: Some Econometric Problems," Econometrica, Econometric Society, vol. 45(1), pages 1-22, January. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Colleen M. Heflin & Mary E. Pattillo, 2002. "Crossing Class Boundaries: Race, Siblings and Socioeconomic Heterogeneity," JCPR Working Papers 252, Northwestern University/University of Chicago Joint Center for Poverty Research.
  2. Rozana Himaz, 2008. "Intrahousehold Allocation of Education Expenditure and Returns to Education: The Case of Sri Lanka," Economics Series Working Papers 393, University of Oxford, Department of Economics. [Downloadable!]
  3. Isaac C. Rischall, . "The Roles of Education, Skill and Parental Income in Determining Wages," Canadian International Labour Network Working Papers 29, McMaster University. [Downloadable!]
  4. David Card, 1994. "Earnings, Schooling, and Ability Revisited," NBER Working Papers 4832, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. Paul Gregg & Emma Tominey, 2004. "The Wage Scar from Youth Unemployment," The Centre for Market and Public Organisation 04/097, Department of Economics, University of Bristol, UK. [Downloadable!]
  6. Graciela Sanromán, 2006. "Returns to schooling in Uruguay," Documentos de Trabajo (working papers) 1406, Department of Economics - dECON. [Downloadable!]
  7. Diego Restuccia, 1998. "Technology Adoption and Schooling: Amplifier Income Effects of Policies Across Countries," UWO Department of Economics Working Papers 9810, University of Western Ontario, Department of Economics. [Downloadable!]
  8. Dorothe Bonjour & Lynn F. Cherkas & Jonathan E. Haskel & Denise D. Hawkes & Tim D Spector, 2003. "Returns to Education: Evidence from U.K. Twins," American Economic Review, American Economic Association, vol. 93(5), pages 1799-1812, December. [Downloadable!]
    Other versions:
  9. Astrid Krenz, 2008. "Theorie und Empirie über den Wirkungszusammenhang zwischen sozialer Herkunft, kulturellem und sozialem Kapital, Bildung und Einkommen in der Bundesrepublik Deutschland," SOEPpapers 128, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  10. H. Naci Mocan & Erdal Tekin, 2003. "Guns, Drugs and Juvenile Crime: Evidence from a Panel of Siblings and Twins," NBER Working Papers 9824, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  11. Thomas J. Kane & Cecilia Elena Rouse & Douglas Staiger, 1999. "Estimating Returns to Schooling When Schooling is Misreported," NBER Working Papers 7235, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  12. M. C. Navarro-Perez & J. M. Serrano-Sanz, 2002. "Evaluating Educational Output: An Estimation Method Based on Cross-Section Data," Education Economics, Taylor and Francis Journals, vol. 10(1), pages 71-95, April. [Downloadable!] (restricted)
  13. Lorraine Dearden & Barbara Sianesi, 2001. "Estimating the Returns to Education: Models, Methods and Results," CEE Discussion Papers 0016, Centre for the Economics of Education, LSE. [Downloadable!]
  14. Colm Harmon & Hessel Oosterbeek, 2000. "The Returns to Education: A Review of Evidence, Issues and Deficiencies in the Literature," CEE Discussion Papers 0005, Centre for the Economics of Education, LSE. [Downloadable!]
  15. Gunnar Isacsson, 2004. "Estimating the economic return to educational levels using data on twins," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 19(1), pages 99-119. [Downloadable!]
  16. Damiano Kulundu Manda & Germano Mwabu & Mwangi S. Kimenyi, 2004. "Human Capital Externalities and Private Returns to Education in Kenya," Working papers 2004-08, University of Connecticut, Department of Economics. [Downloadable!]
    Other versions:
  17. Phillip B. Levine & Tara A. Gustafson & Ann D. Velenchik, 1995. "More Bad News for Smokers? The Effects of Cigarette Smoking on Labor Market Outcomes," NBER Working Papers 5270, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  18. Lorraine Dearden, 1999. "Qualifications and earnings in Britain: how reliable are conventional OLS estimates of the returns to education?," IFS Working Papers W99/07, Institute for Fiscal Studies. [Downloadable!]
  19. Joseph G. Altonji & Thomas A. Dunn, 1995. "The Effects of School and Family Characteristics on the Return to Education," NBER Working Papers 5072, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  20. Belton Fleisher & Xiaojun Wang & Haizheng Li & Shi Li, 2009. "Access to Higher Education and Inequality: The Chinese Experiment," Working Papers 09-02, Ohio State University, Department of Economics. [Downloadable!]
    Other versions:
  21. Lorraine Dearden, 1998. "Ability, families, education and earnings in Britain," IFS Working Papers W98/14, Institute for Fiscal Studies. [Downloadable!]
  22. Tracy L. Regan & Galen Burghardt & Ronald L. Oaxaca, 2006. "A Human Capital Model of the Effects of Abilities and Family Background on Optimal Schooling Levels," IZA Discussion Papers 1927, Institute for the Study of Labor (IZA). [Downloadable!]
  23. Lindahl, Lena & Regnér, Håkan, 2003. "College choice and subsequent earnings. Results using Swedish sibling data," Working Paper Series 4/2003, Swedish Institute for Social Research. [Downloadable!]
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