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- W1551214259 abstract "The objective of this paper is to investigate the returns to schooling issue for Brazil based on four distinct methodologies, in order to reach a reliable estimate for this type of measurement. The first is based on a simple estimate of the returns to schooling equation by OLS. However, considering that the coefficients obtained by this method may be biased, due to endogeneity problems as well as the omission of the abilities variable, the paper investigates the issue further by inquiring into two possible sources of selection bias. The first one suggests that said bias is caused by the job search strategy adopted by the agent. In this case, wages do not depend solely on the wage supply but also on a job-search strategy [Gronau (1974)]. Second, in this paper we use the methodology developed by Garen (1984) that allows the optimal choice of years of schooling, since this variable is continuous and variable, which means that the problem may be dealt with at a higher degree of practicality. Lastly, a pseudo-panel analysis is conducted in an attempt to deal with the relevant variable omission problem in the model." @default.
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- W1551214259 date "2002-01-01" @default.
- W1551214259 modified "2023-09-27" @default.
- W1551214259 title "Returns to Schooling: A Selectivity Bias Approach with Continuous Variable Choice for Brazil" @default.
- W1551214259 doi "https://doi.org/10.2139/ssrn.325000" @default.
- W1551214259 hasPublicationYear "2002" @default.
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