return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage …) estimates internal rates of return from high school and college/university schooling, primarily for native-born white men, but … also for other demographic groups. The first regression-based approach is the development of the schooling …

Census. Earnings are shown to increase with schooling, pre-immigration experience and duration in Canada, as well as with … complementarity between language skills and both schooling and preimmigration experience. That is, greater proficiency in the official … languages enhances the effects on earnings of schooling and pre-immigration labor market experience. Language proficiency and …

This paper develops a theoretical model of optimal schooling levels where ability and family background are the central … explanatory variables. We derive schooling demand and supply functions based on individual wealth maximization. Using NLSY79 data … schooling and ability alone) corresponds to 13 FTE years of work experience yielding on average a rate of return of 9.6 percent …

schooling between 1997 and 1999). Surprisingly, I find no significant differences between OLS and IV estimates of returns to …

While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and …