Test-retest reliability assessments rarely investigate whether reliability itself is stable or change in reliability affects findings from substantive models. Research across the social sciences often recognizes that measurement error could influence results, yet it rarely applies established error correction methods. Focusing on gender wage…

The present paper uses British Household Panel Survey data from 1991 to 2002 to assess the extent to which labour market returns have been influenced by changes in the nature of educational supply. We find that whilst there have been substantial shifts in the returns to schooling over the period, these effects are much more pronounced for younger…

British data were used to compare an individual model of returns to education and a family model in which parents allocate resources for education differently to their children to compensate for different employment potential. Results show education is endogenous for young adults' earnings and the family model is supported. (SK)