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What is the sheepskin effect? Group of answer choices The greater returns to schooling from the 12th and16th year of schooling relative to other levels

What is the "sheepskin effect"? Group of answer choices The greater returns to schooling from the 12th and16th year of schooling relative to other levels of schooling Downward bias in estimates of the returns to schooling due to measurement error The low R-squared often found in studies of the labor market The returns to schooling in the marriage market

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