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Education returns of wage earners and self-employed workers: Comment

Author

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  • Jordahl, Henrik
  • Poutvaara, Panu
  • Tuomala, Juha

Abstract

In a recent paper, García-Mainar and Montuenga-Gómez [García-Mainar, I. \& Montuenga-Gómez, V. M. (2005). Education returns of wage earners and self-employed workers: Portugal vs. Spain. Economics of Education Review, 24(2), 161-170] apply the generalized IV model of Hausman and Taylor to estimate education returns of wage earners and the self-employed in Portugal and in Spain. Our examination reveals several problems which relate to the validity and documentation of the instrumental variables, as well as the robustness of the results.

Suggested Citation

  • Jordahl, Henrik & Poutvaara, Panu & Tuomala, Juha, 2009. "Education returns of wage earners and self-employed workers: Comment," Munich Reprints in Economics 19544, University of Munich, Department of Economics.
  • Handle: RePEc:lmu:muenar:19544
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    Cited by:

    1. Aarstad Jarle, 2014. "Structural Holes and Entrepreneurial Decision Making," Entrepreneurship Research Journal, De Gruyter, vol. 4(3), pages 261-276, July.
    2. Claudia Münch & Sweder van Wijnbergen, 2009. "Education and Labor Market Activity of Women: An Age-Group Specific Empirical Analysis," Tinbergen Institute Discussion Papers 09-099/2, Tinbergen Institute.
    3. Jarle Aarstad, 2012. "Do Structural Holes and Network Connectivity Really Affect Entrepreneurial Performance?," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 21(2), pages 253-268, September.
    4. Jordahl, Henrik & Poutvaara, Panu & Tuomala, Juha, 2009. "Education returns of wage earners and self-employed workers: Rejoinder," Economics of Education Review, Elsevier, vol. 28(5), pages 648-648, October.

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