G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w4491
来源IDWorking Paper 4491
Estimates of the Returns to Schooling From Sibling Data: Fathers, Sons and Brothers
Orley Ashenfelter; David J. Zimmerman
发表日期1993-10-01
出版年1993
语种英语
摘要In this paper we use data on brothers, and fathers and sons, to estimate the economic returns to schooling. Our goal is to determine whether the correlation between earnings and schooling is due, in part, to the correlation between family backgrounds and schooling. The basic idea is to contrast the differences between the schooling of brothers, and fathers and sons, with the differences in their respective earnings. Since individuals linked by family affiliation are more likely to have similar innate ability and family backgrounds than randomly selected individuals our procedure provides a straightforward control for unobserved family attributes. Our empirical results indicate that in the sample of brothers the ordinary least squares estimates of the return to schooling may be biased upward by some 25% by the omission of family background factors. Adjustments for measurement error, however, imply that the intrafamily estimate of the returns to schooling is biased downward by about 25% also, so that the ordinary least squares estimate suffers from very little overall bias. Using data on fathers and sons introduces some ambiguity into these findings, as commonly used specification tests reject our simplest models of the role of family background in the determination of earnings.
主题Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w4491
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561868
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GB/T 7714
Orley Ashenfelter,David J. Zimmerman. Estimates of the Returns to Schooling From Sibling Data: Fathers, Sons and Brothers. 1993.
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