Skip navigation
Skip navigation
Open Research will be down for maintenance between 8:00am and 8:15am on Thursday, 22 August 2019

The estimation of the rate of return to education in China: an empirical analysis using instrument variable estimation with months of birth and its Issues

Cowling, Michael Leith


Any attempt to estimate the rate of return to education using ordinary least squares (OLS) models suffers from omitted variable bias due to unobservable factors that are correlated with both the education variable and the return dependent variable. Instrument Variables, such as the birth months of students, provide an alternative estimation method that can create less biased estimates. The validity of the birth months as instrument variables depends on being uncorrelated with individual...[Show more]

CollectionsOpen Access Theses
Date published: 2014-10-31
Type: Thesis (Honours)


File Description SizeFormat Image
Cowling Thesis 2014.pdf983.18 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  22 January 2019/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator