TY - JOUR AU - Neumark,David AU - Korenman,Sanders TI - Sources of Bias in Women's Wage Equations: Results Using Sibling Data JF - National Bureau of Economic Research Working Paper Series VL - No. 4019 PY - 1992 Y2 - March 1992 UR - http://www.nber.org/papers/w4019 L1 - http://www.nber.org/papers/w4019.pdf N1 - Author contact info: David Neumark Department of Economics University of California at Irvine 3151 Social Science Plaza Irvine, CA 92697 Tel: 949-824-8496 Fax: 949/824-2182 E-Mail: dneumark@uci.edu Sanders Korenman School of Public Affairs Baruch College 135 E. 22nd Street, Box D-900 New York, NY 10010 Tel: 646/660-6782 Fax: 646/660-6770 E-Mail: sanders.korenman@baruch.cuny.edu AB - We use data on sisters to jointly address heterogeneity bias and endogeneity bias in estimates of wage equations for women. This analysis yields evidence of biases in OLS estimates of wage equations for white and black women, some of which are detected only when these two sources of bias are addressed simultaneously. For both white and black women there is evidence of upward bias in the estimated returns to schooling. Bias-corrected estimates of the effect of marriage on wages, for white women, suggest a positive marriage premium. We also use the sibling data to identify our models, and test a number of other commonly used identifying assumptions as overidentifying restrictions. ER -