This paper provides estimates of the private financial return to education based on large samples of monozygotic (MZ) and dizygotic (DZ) twins which we obtain from Danish population registers. Our estimation exploits the fact that our data is a long panel. We show that the rising inequality,...

Workers with longer job tenure are paid more, on average, than those with shorter tenure. This paper re‐opens the debate about whether individual financial returns to tenure are due to firm‐specific human capital accumulation or sorting according to unobserved individual productivity...

Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings' earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socioeconomic status more generally....

The characteristics of measurement error determine the bias of linear estimators. We propose a method for validating economic survey data allowing for measurement error in the validation source, and we apply this method by validating Survey of Health, Ageing and Retirement in Europe (SHARE) data...

This paper provides findings from the UK Labour Force Surveys from 1996 to 2003 on the financial private returns to a degree the "college premium". The data covers a decade when the university participation rate doubled yet we find no significant evidence that the mean return to a degree dropped...

We investigate the relationship between early school-leaving and parental education and paternal income using UK Labour Force Survey data. OLS estimation reveals modest effects of income, stronger effects of maternal education relative to paternal, and stronger effects on sons. Using IV methods...

This paper provides findings from the UK Labour Force Surveys from 1993 to 2003 on the financial private returns to a degree – the “college premium”. The data covers a decade when the university participation rate doubled – yet we find no significant evidence that the mean return to a...