Returns to schooling in urban China from instrumental variable (IV) estimation

• Main Authors: Lim, Bing Wey, Low, Shaun Zhi Shen, Png, Zhe Song
• Other Authors: Christos Sakellariou
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Economic development::China
• Online Access: http://hdl.handle.net/10356/62455
• Institution: Nanyang Technological University

This paper discusses the importance of instrumental variables in achieving a more accurate estimate of returns to schooling in urban China. In particular, we have identified an interaction of first-born and sibling composition, with age, as the instrument set in our estimation of returns to schoolin...