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Author: Hall, Bronwyn H.
Resulting in 2 citations.
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Bound, John Griliches, Zvi Hall, Bronwyn H. |
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Brothers and Sisters in the Family and the Labor Market NBER Working Paper No. 1476, National Bureau of Economic Research, 1984. Also: http://nber.nber.org/papers/W1476 Cohort(s): Young Men, Young Women Publisher: National Bureau of Economic Research (NBER) Keyword(s): Brothers; Family Influences; Gender Differences; I.Q.; Pairs (also see Siblings); Schooling; Siblings; Sisters; Wages This paper investigates the relationship between earnings, schooling, and ability for young men and women who entered the labor force during the late 1960s and 1970s. The emphasis is on controlling for both observed and unobserved family characteristics, extending a framework developed earlier by Chamberlain and Griliches (1975) to the analysis of mixed-sex pairs of siblings. Using the NLS of Young Men and Young Women, which drew much of the sample from the same households, the authors were able to construct a sample containing roughly 1,500 sibling pairs. For several reasons, particularly the need to have data on two siblings from the same family, only one-third of these pairs had complete data; this fact led the authors to develop new methods of estimating factor models, which combine the data for several "unbalanced" covariance matrices. The authors' use the data on different kinds of sibling pairs (male-male, male-female, female-female) together with these new methods to investigate the question of whether family background, ability, or IQ are the same thing for males and females, in the sense that they lead to similar consequences for success in schooling and in the market place. With a simple two-factor model to explain wages, schooling, and IQ scores, the authors were able to test whether these factors are the same across siblings of different sexes and whether the loadings on the two factors are similar. The conclusion is that the unobservable factors appear to be the same and play the same role in explaining the IQ and schooling of these siblings, while there remains evidence of differences once they enter the labor market. |
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Bibliography Citation
Bound, John, Zvi Griliches and Bronwyn H. Hall. "Brothers and Sisters in the Family and the Labor Market." NBER Working Paper No. 1476, National Bureau of Economic Research, 1984. |
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Griliches, Zvi Hall, Bronwyn H. Hausman, Jerry A. |
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Missing Data and Self-Selection in Large Panels Annales de l'INSEE 30-31 (April-September 1978): 137-176. Also: http://www.jstor.org/stable/20075289 Cohort(s): Young Men Publisher: INSEE (Institut National de la Statistique et des Etudes Economiques) Keyword(s): Educational Returns; Research Methodology Permission to reprint the abstract has not been received from the publisher. Two problems which occur in analyzing large panels of cross section data are considered: missing data and self- selection. In the case of randomly missing data, using only the complete data subsample results in unbiased but inefficient estimates. We demonstrate that in large panels the efficiency gains from using efficient methods are likely to be quite small. For non-random missing data, we present a methodology which corrects for the bias which occurs if only the complete data subsample is used. Lastly, we formulate and estimate a model where the missing data arises from self-selection in the decision to remain in school. Using the NLS of Young Men, we find that accounting for self-selection increases the estimated returns to schooling by 50%. |
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Bibliography Citation
Griliches, Zvi, Bronwyn H. Hall and Jerry A. Hausman. "Missing Data and Self-Selection in Large Panels." Annales de l'INSEE 30-31 (April-September 1978): 137-176.
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