Comment on Education Returns of Wage Earners and Self-employed Workers

Henrik Jordahl, Panu Poutvaara and Juha Tuomala ()
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Juha Tuomala: Government Institute for Economic Research (VATT)

No 762, Working Paper Series from Research Institute of Industrial Economics

Abstract: In a recent paper, García-Mainar and Montuenga-Gómez (2005) 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.

Keywords: Education; Entrepreneurship; Human capital; EGIV estimator (search for similar items in EconPapers)
JEL-codes: C23 I21 J31 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2008-08-27
New Economics Papers: this item is included in nep-edu, nep-ent, nep-hrm and nep-lab
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Citations: View citations in EconPapers (1)

Published in Economics of Education Review, 2009, pages 641-644.

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:0762

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