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Liu, Jin-Tan; Hammitt, James K.; Jeng Lin, Chyongchiou – Economics of Education Review, 2000
Including family background variables in the wage equation significantly decreases estimated returns to a worker's own schooling. Using data on family members' schooling, this paper identifies family background's substantial effects on returns to schooling in Taiwan. The father's schooling is more important than the mother's in explaining wage…
Descriptors: Education Work Relationship, Educational Attainment, Elementary Secondary Education, Family Characteristics