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Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins

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NBER1997-07-01 更新2025-01-04 收录
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We develop a model of optimal schooling investments and estimate it using new data on approximately 700 identical twins. We estimate an average return to schooling of 9 percent for identical twins, but estimated returns appear to be slightly higher for less able individuals. Simple cross-section

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1997-07-01
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