Arbeitspapier

Returns to schooling in Kazakhstan: OLS and instrumental variables approach

This paper examines rates of return to schooling in Kazakhstan using OLS and instrumental variable (IV) methodologies. We use spouse's education and smoking as instruments. We find that spouse's education is a valid instrument and that conventional OLS estimates that assume the exogenous nature of schooling, and hence do not control for endogeneity bias, may underestimate the true rates of return. The results indicate that the returns to schooling in Kazakhstan have increased with transition. This may reflect the relative scarcities of highly educated people in Kazakhstan with human capital that employers require and, following the market reforms, reward accordingly.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 2462

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Arabsheibani, G. Reza
Mussurov, Altay
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2006

Handle
URN
urn:nbn:de:101:1-2008060602
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Arabsheibani, G. Reza
  • Mussurov, Altay
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2006

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