What are the usual estimates of returns to education in developing countries? How can we measure these
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What are the usual estimates of returns to education in developing countries? How can we measure these returns? What is the potential problem with simple OLS (ordinary least squares) regression of wages on education? How does Esther Duflo's research in Indonesia avoid this problem?
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Returns to education in developing countries can vary widely depending on factors such as the country level of education and the specific context Howe...View the full answer
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