Of milk and honey : returns to education and migration of filipinos
Previous studies show high returns to primary education and decreasing returns to education in the Philippines. The first part of this thesis shows that standard estimates of returns to education capture the effects of ability and education quality. It finds that accounting for education quality reduces returns to education and that returns to education quality amount to three-fourths the returns to quantity of education. Moreover, accounting for ability using sibling fixed-effects estimation...[Show more]
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