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- W2182969439 abstract "Past studies typically have employed Mincerian earning function and Household Income surveys to estimate rates of return to education. However, those studies have often treated sample selection bias arbitrarily. Using the Household Expenditure and Income Survey from Turkey, we estimate the rate of returns on various levels of education investment by gender with and without correction for the sample selection bias. Our results suggest first, that the estimated rates, ranging from 7% for elementary education to 11.5% for college education, are in line with the findings for similar countries and second, despite the significance level of the coefficient of the inverse Mills ratio, the size of the sample selection bias is modest, ranging between 1% and 10%. We explain some of the underlying reasons for this phenomenon." @default.
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- W2182969439 date "2008-01-01" @default.
- W2182969439 modified "2023-09-27" @default.
- W2182969439 title "3. SELECTION BIAS IN THE ESTIMATED RATE OF RETURN TO EDUCATION" @default.
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