{"kind":"user","text":"Wooldridge, Introductory Econometrics (7th edition), Example 15.4, Table 15.1, IV column, using Card's (1995) data on men in 1976: estimate by instrumental variables the return to education, the effect of years of schooling on the log hourly wage, using as the instrument whether the man grew up near a four-year college in 1966. Include as exogenous controls years of experience and its square, a race indicator, indicators for living in a standard metropolitan statistical area and in a southern state in 1976, an indicator for living in a metropolitan area in 1966, and the 1966 region-of-residence dummies with the first region omitted. Report the coefficient on years of schooling."}