Estimating the Economic Returns to Schooling: Restricted Maximum Likelihood Approach
The economic returns to schooling is a fundamental parameter of interest in many different areas of economics and public policy. The most common technique for estimating this parameter is based on the assumption that the ‘true’ coefficient of education in the earnings equation is constant across ind...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Czech Statistical Office
2017-03-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/45606527/32019717q1104.pdf/b9c38013-b9f1-4bcd-b50d-effb9b4a23ef?version=1.0 |