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Title: In-School Work Experience and the Returns to Schooling
Resulting in 1 citation.
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Light, Audrey L. |
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In-School Work Experience and the Returns to Schooling Journal of Labor Economics 19,1 (January 2001): 65-93. Also: http://www.jstor.org/stable/10.1086/209980 Cohort(s): NLSY79 Publisher: University of Chicago Press Keyword(s): Earnings; Educational Returns; Schooling; Wage Effects; Wage Models; Work Experience Students often accumulate substantial work experience before leaving school. Because conventional earnings functions do not control for in-school work experience, their estimates of the return to schooling include the benefit of work experience gained along the way. Using data from the National Longitudinal Survey of Youth, I estimate wage models with and without controls for in-school work experience. The estimated schooling coefficients are 25%-44% higher (depending on how I control for ability bias) when in-school work experience is omitted than when it is included. These findings indicate that conventional models significantly overstate the wage effects of "school only." |
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Bibliography Citation
Light, Audrey L. "In-School Work Experience and the Returns to Schooling." Journal of Labor Economics 19,1 (January 2001): 65-93.
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