Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/110085 
Authors: 
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers No. 8855
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper combines the approach by Guimarães and Portugal (2010) with the methodology of Gelbach (2015) to investigate the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed effects is highly problematic, accounting for 95% of the bias. In contrast, disregarding firm fixed effects has marginal consequences.
Subjects: 
wages
education
least squares
JEL: 
I21
J31
Document Type: 
Working Paper

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