Working Paper Series
Comment on Education Returns of Wage Earners and Self-employed Workers
(), Panu Poutvaara
() and Juha Tuomala
Abstract: In a recent paper, García-Mainar and Montuenga-Gómez
(2005) apply the generalized IV model of Hausman and Taylor to estimate
education returns of wage earners and the self-employed in Portugal and in
Spain. Our examination reveals several problems which relate to the
validity and documentation of the instrumental variables, as well as the
robustness of the results.
Keywords: Education; Entrepreneurship; Human capital; EGIV estimator; (follow links to similar papers)
JEL-Codes: C23; I21; J31; (follow links to similar papers)
6 pages, August 27, 2008
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- This paper is published as:
Jordahl, Henrik, Panu Poutvaara and Juha Tuomala, (2009), 'Comment on Education Returns of Wage Earners and Self-employed Workers', Economics of Education Review, Vol. 28, pages 641-644
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