Discuss the relationship between ability bias in the estimation of the rate of return to schooling and selection bias in tests of the hypothesis that workers choose the level of schooling that maximizes the present value of earnings.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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Discuss the relationship between ability bias in the estimation of the rate of return to schooling and selection bias in tests of the hypothesis that workers choose the level of schooling that maximizes the present value of earnings.

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