Family Background, Education and Earnings in Kenya
Sammanfattning
This paper uses data collected in 2000 to first estimate OLS and ordered probit models to measure correlation between family background and workers' education. Then, human capital earnings functions are estimated to examine to what extent family background accounts for observed correlation between workers' education and earnings. Subsequently, it estimates returns to education with education treated as endogenous. Having well-educated parents is associated with greater educational attainment and earnings. Returns to education decline slightly when parents' education controls are in the earnings function. Instrumental variable estimation or self-selection correction suggests that estimates of returns to education may be larger than conventional estimates suggest.
Universitet
Göteborg University. School of Business, Economics and Law
Samlingar
Fil(er)
Datum
2002Författare
Wambugu, Anthony
Nyckelord
Earnings function; return to education; instrumental variables
Publikationstyp
Report
ISSN
1403-2465
Serie/rapportnr.
Working Papers in Economics, nr 76
Språk
en