Journal article 652 views
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)...
Published in: | Economics of Transition |
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2010
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URI: | https://cronfa.swan.ac.uk/Record/cronfa7084 |
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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 |
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c49a36a15ac1fb8c3de2925784449288 |
author_id_fullname_str_mv |
c49a36a15ac1fb8c3de2925784449288_***_Reza Arabsheibani |
author |
Reza Arabsheibani |
author2 |
Anita Staneva Reza Arabsheibani Philip murphy |
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Journal article |
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Economics of Transition |
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15 |
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342 |
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2010 |
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Swansea University |
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Faculty of Humanities and Social Sciences |
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Faculty of Humanities and Social Sciences |
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facultyofhumanitiesandsocialsciences |
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Faculty of Humanities and Social Sciences |
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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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1763749843155550208 |
score |
11.036553 |