College Choice and Subsequent Earnings: Results Using Swedish Sibling Data
Using data on 19,000 whole siblings, it is shown that earnings vary significantly among students who have graduated from different colleges. The cross-section estimates are up to twice the within-family estimates, indicating that a regression estimator of college effects that does not adjust properly for family characteristics will overestimate the earnings premium of college. This study also shows that the effects of college choice vary between sisters and brothers and that there is a relationship between teacher quality and the college effects. These findings suggest that there is no straightforward interpretation of college in individual earnings equations. Copyright The editors of the "Scandinavian Journal of Economics", 2005 .
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Volume (Year): 107 (2005)
Issue (Month): 3 (09)
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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.:
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"Estimates Of The Returns To Schooling From Sibling Data: Fathers, Sons, And Brothers,"
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- Altonji, Joseph G & Dunn, Thomas A, 1996. "Using Siblings to Estimate the Effect of School Quality on Wages," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 665-671, November.
- Joseph G. Altonji & Thomas A. Dunn, "undated". "Using Siblings to Estimate the Effect of School Quality on Wages," IPR working papers 96-10, Institute for Policy Resarch at Northwestern University.
- Loury, Linda Datcher & Garman, David, 1995. "College Selectivity and Earnings," Journal of Labor Economics, University of Chicago Press, vol. 13(2), pages 289-308, April.
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