TY  - RPRT
        AU  - Staneva, Anita
AU  - Arabsheibani, Reza
AU  - Murphy, Philip D.
        TI  - Returns to Education in Four Transition Countries: Quantile Regression Approach
        PY  - 2010/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5210
        UR  - https://www.iza.org/publications/dp5210
        AB  - This paper uses quantile regression techniques to analyze heterogeneous patterns of return to education across the conditional wage distribution in four transition countries. We correct for sample selection bias using a procedure suggested by Buchinsky (2001), which is based on a Newey (1991, 2009) power series expansion. We also examine the empirical implications of allowing for the endogeneity of schooling, using the control function approach proposed by Lee (2007). Using household data from Bulgaria, Russia, Kazakhstan and Serbia in 2003, we show that the return to education is heterogeneous across the earnings distribution. It is also found that accounting for the endogeneity of schooling leads to a higher rate of return to education.
        KW  - rate of return to education
KW  - endogeneity
KW  - quantile regression
KW  - sample selection
        ER  -