5we are usually worried about ability bias when estimating, Econometrics

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5we are usually worried about ability bias when estimating

5.We are usually worried about ability bias when estimating returns to education. Are the following candidates valid instruments? Why or why not?

(a) Distance of parents' home to college.

(b) Parental education.

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Econometrics: 5we are usually worried about ability bias when estimating

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Econometrics: 5we are usually worried about ability bias when estimating

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