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Returns to Education in Four Transition Countries: Quantile Regression Approach

Anita Staneva, Reza Arabsheibani, Philip murphy

Economics of Transition, Volume: 15, Issue: 2, Pages: 342 - 364

Swansea University Author: Reza Arabsheibani

Abstract

This paper uses quantile regression techniques to analyze heterogeneous patterns of return to education across the conditional wage distribution in four transition countries. We correct for sample selection bias using a procedure suggested by Buchinsky (2001), which is based on a Newey (1991, 2009)...

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Published in: Economics of Transition
Published: 2010
URI: https://cronfa.swan.ac.uk/Record/cronfa7084
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spelling 2013-06-11T11:53:25.1214415 v2 7084 2012-02-09 Returns to Education in Four Transition Countries: Quantile Regression Approach c49a36a15ac1fb8c3de2925784449288 Reza Arabsheibani Reza Arabsheibani true false 2012-02-09 BEC This paper uses quantile regression techniques to analyze heterogeneous patterns of return to education across the conditional wage distribution in four transition countries. We correct for sample selection bias using a procedure suggested by Buchinsky (2001), which is based on a Newey (1991, 2009) power series expansion. We also examine the empirical implications of allowing for the endogeneity of schooling, using the control function approach proposed by Lee (2007). Using household data from Bulgaria, Russia, Kazakhstan and Serbia in 2003, we show that the return to education is heterogeneous across the earnings distribution. It is also found that accounting for the endogeneity of schooling leads to a higher rate of return to education. Journal Article Economics of Transition 15 2 342 364 rate of return to education, endogeneity, sample selection, quantile regression 30 9 2010 2010-09-30 This paper is IZA Discussion Paper No. 5210 September 2010 and contains 36 pages. COLLEGE NANME Economics COLLEGE CODE BEC Swansea University 2013-06-11T11:53:25.1214415 2012-02-09T20:38:02.2070000 Faculty of Humanities and Social Sciences School of Management - Economics Anita Staneva 1 Reza Arabsheibani 2 Philip murphy 3
title Returns to Education in Four Transition Countries: Quantile Regression Approach
spellingShingle Returns to Education in Four Transition Countries: Quantile Regression Approach
Reza Arabsheibani
title_short Returns to Education in Four Transition Countries: Quantile Regression Approach
title_full Returns to Education in Four Transition Countries: Quantile Regression Approach
title_fullStr Returns to Education in Four Transition Countries: Quantile Regression Approach
title_full_unstemmed Returns to Education in Four Transition Countries: Quantile Regression Approach
title_sort Returns to Education in Four Transition Countries: Quantile Regression Approach
author_id_str_mv c49a36a15ac1fb8c3de2925784449288
author_id_fullname_str_mv c49a36a15ac1fb8c3de2925784449288_***_Reza Arabsheibani
author Reza Arabsheibani
author2 Anita Staneva
Reza Arabsheibani
Philip murphy
format Journal article
container_title Economics of Transition
container_volume 15
container_issue 2
container_start_page 342
publishDate 2010
institution Swansea University
college_str Faculty of Humanities and Social Sciences
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hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Economics{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Economics
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description This paper uses quantile regression techniques to analyze heterogeneous patterns of return to education across the conditional wage distribution in four transition countries. We correct for sample selection bias using a procedure suggested by Buchinsky (2001), which is based on a Newey (1991, 2009) power series expansion. We also examine the empirical implications of allowing for the endogeneity of schooling, using the control function approach proposed by Lee (2007). Using household data from Bulgaria, Russia, Kazakhstan and Serbia in 2003, we show that the return to education is heterogeneous across the earnings distribution. It is also found that accounting for the endogeneity of schooling leads to a higher rate of return to education.
published_date 2010-09-30T03:08:45Z
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