TY  - RPRT
        AU  - Patrinos, Harry Anthony
        TI  - Returns to Education in Greece: Causal Evidence from the 1977 Labor Market Survey
        PY  - 2025/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 18156
        UR  - https://www.iza.org/publications/dp18156
        AB  - We estimate the causal effect of schooling on log earnings using instrumental variables (IV), addressing the endogeneity of schooling by using father’s education as an instrument. The IV estimate implies a return of approximately 7.7 percent per additional year of schooling. First-stage and endogeneity tests confirm instrument strength and the need for IV.
        KW  - instrumental variables
KW  - returns to education
KW  - causal impact
        ER  -