The literature estimating returns to education has often utilized spousal education and parental education as instrument variables (IV). However, due to usual survey designs, both IVs are available only for the individuals whose spouse or parents are present in the same household. The IV...

The literature estimating returns to education has often utilized spousal education and parental education as instrument variables (IV). However, due to usual survey designs, both IVs are available only for the individuals whose spouse or parents are present in the same household. The IV...

This paper studies the econometric relationship between labor productivity and tax wedge by using two-stage least square (TSLS) fixed effect model on two panel data of OECD countries to address endogeneity problem. I use two response variables, i.e., the growth rate of GDP per hour worked and...