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

Henrik Jordahl; Panu Poutvaara; Juha Toumala

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

Henrik Jordahl, Panu Poutvaara, Juha Toumala

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Abstract

In a recent paper, García-Mainar and Montuenga-Gómez [Econ. Edu. Rev. 24 (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.

Original language	English
Place of Publication	Frederiksberg
Publisher	Centre for Economic and Business Research, Copenhagen Business School
Number of pages	7
Publication status	Published - 2008

Series	CEBR Discussion Paper
Number	2008-14

Keywords

Education
Entrepreneurship
Human capital
EGIV estimator

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dp 2008-14Final published version, 99.3 KBLicence: CC BY-NC-ND

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Cite this

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KW - EGIV estimator

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KW - Entrepreneurship

KW - Human capital

KW - EGIV estimator

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