What Do Twins Studies Tell Us about the Economic Returns to Education?

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ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis What Do Twins Studies Tell Us about the Economic Returns to Education? by : Paul William Miller

Download or read book What Do Twins Studies Tell Us about the Economic Returns to Education? written by Paul William Miller and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the economic returns to education is undertaken using a rich and particularly large sample of twins (1170 pairs). The findings are placed in the context of certain existing American work, the study by Behrman et al (1977) and the recent innovative analysis by Ashenfelter and Krueger (1993). Following Ashenfelter and Krueger (1993) both fixed effects and selection effects models are estimated and correction is made for measurement error in self reported schooling levels. The basic findings are rather similar to those of Behrman et al (1977). However, they contrast sharply with those of Ashenfelter and Krueger (1993) who report that the conventional estimate of the rate of return almost doubles to 13 - 18 per cent when correction is made for measurement error and that there is no role for family effects in this relationship. The main finding is that the rate of return of schooling is in the range of 4 - 8 per cent and that there is a role for at least the genetic component of family effects in the relationship between schooling and income.

What Do Twins Studies Tell Us about the Economic Returns to Education?

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ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (221 download)

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Book Synopsis What Do Twins Studies Tell Us about the Economic Returns to Education? by : Paul W. Miller

Download or read book What Do Twins Studies Tell Us about the Economic Returns to Education? written by Paul W. Miller and published by . This book was released on 1994 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Estimates of the Economic Returns to Schooling from a New Sample of Twins

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Estimates of the Economic Returns to Schooling from a New Sample of Twins by : Orley Ashenfelter

Download or read book Estimates of the Economic Returns to Schooling from a New Sample of Twins written by Orley Ashenfelter and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Estimates of the Economic Return to Schooling from a New Sample of Twins

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ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Estimates of the Economic Return to Schooling from a New Sample of Twins by : Orley Ashenfelter

Download or read book Estimates of the Economic Return to Schooling from a New Sample of Twins written by Orley Ashenfelter and published by . This book was released on 1992 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels. Multiple measurements of schooling levels were also collected to assess the effect of reporting error on the estimated economic returns to schooling. The data indicate that omitted ability variables do not bias the estimated return to schooling upward, but that measurement error does bias it downward. Adjustment for measurement error indicates that an additional year of schooling increases wages by 16%, a higher estimate of the economic returns to schooling than has been previously found.

The Social Benefits of Education

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Publisher : University of Michigan Press
ISBN 13 : 0472027360
Total Pages : 275 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis The Social Benefits of Education by : Jere R. Behrman

Download or read book The Social Benefits of Education written by Jere R. Behrman and published by University of Michigan Press. This book was released on 2010-08-04 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the primary argument in justifying education has been based on its direct economic effects. Yet education also provides "social benefits" for individuals and society at large, including a better way of taking care of ourselves, and consequently creating a better society to live in. Though it is difficult to quantify these social benefits, a more systematic analysis would improve our understanding of the full effects of education and provide a basis for considering related policies. The Office of Research of the United States Department of Education commissioned a series of papers on measuring these effects of education. Those papers, revised and updated, are collected here. Kenneth J. Arrow provides perspective on education and preference formation, and Jere R. Behrman considers general conceptual and measurement issues in assessing the social benefits of education and policies related to education. These issues are taken up by experts in four fields--health, parenting, the environment, and crime. Themes addressed include measurement issues regarding what we mean by education and its benefits; basic analytical issues in assessing the impact of education on these social benefits using behavioral data; and whether the social benefits of education justify public policy interventions. Jere R. Behrman is William R. Kenan Jr. Professor of Economics, University of Pennsylvania. Nevzer G. Stacey is Senior Research Analyst, Office of Educational Research, U.S. Department of Education.

Handbook of Labor Economics

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Publisher : Elsevier
ISBN 13 : 9780444501899
Total Pages : 800 pages
Book Rating : 4.5/5 (18 download)

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Book Synopsis Handbook of Labor Economics by : Orley Ashenfelter

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.

The Return to Education in the Mid-20th Century

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (113 download)

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Book Synopsis The Return to Education in the Mid-20th Century by : James Feigenbaum

Download or read book The Return to Education in the Mid-20th Century written by James Feigenbaum and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What was the return to education in the United States at mid-century? In 1940, the correlation between years of schooling and earnings was relatively low, less than it had been in 1915 or than it would be in later decades. In this paper, we estimate the causal return to schooling in 1940, constructing a large linked sample of twin brothers to account for differences in unobserved ability and family background. Though imperfect, the twins identification strategy allows us to compare the return to education to recent studies implemented similarly. We find that the return to education was relatively low in 1940, with each additional year of schooling increasing labor earnings by approximately 4%. Returns to education were evident both within and across occupations and were higher for sons born to lower SES families.

Returns to Education

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Returns to Education by : Dorothe Bonjour

Download or read book Returns to Education written by Dorothe Bonjour and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Earnings and Schooling

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ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Earnings and Schooling by : Paul W. Miller

Download or read book Earnings and Schooling written by Paul W. Miller and published by . This book was released on 1995 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews four economic studies of aspects of earnings and schooling conducted using data from the Australian Twin Register. First, estimates of the economic returns to schooling made using fixed effects and selection effects regression models incorporating an instrumental variables approach to correct for measurement error in self reported schooling levels are examined. The finding is that up to 30 per cent of the estimated return to schooling may be due to family effects and the remainder to pure educational effects. Second, comparisons are made between the economic model of Ashenfelter and Krueger (1994) and that of DeFries and Fulker (1985) and the results obtained from each are shown to be similar. Third, gender differences in returns to schooling are estimated and family effects are found to be a more important influence in the case of males. Fourth, the influence of family effects on educational attainments is accounted for by genetic inheritance and up to another quarter due to shared environmental effects.

By the Sweat and Toil of Children: An economic consideration of child labor

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Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis By the Sweat and Toil of Children: An economic consideration of child labor by :

Download or read book By the Sweat and Toil of Children: An economic consideration of child labor written by and published by . This book was released on 1994 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

After the Bell

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Publisher : Routledge
ISBN 13 : 1134393083
Total Pages : 456 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis After the Bell by : Karen Albright

Download or read book After the Bell written by Karen Albright and published by Routledge. This book was released on 2004-01-29 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the Coleman report in the US many decades ago, it has been widely accepted that the evidence that schools are marginal in the grand scheme of academic achievement is conclusive. Despite this, educational policy across the world remains focused almost exclusively on schools.With contributions from such figures as Jeanne Broo

The Oxford Handbook of Economics and Human Biology

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Publisher : Oxford University Press
ISBN 13 : 0199389292
Total Pages : 849 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Oxford Handbook of Economics and Human Biology by : John Komlos

Download or read book The Oxford Handbook of Economics and Human Biology written by John Komlos and published by Oxford University Press. This book was released on 2016 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Economics and Human Biology provides an extensive and insightful overview of how economic conditions affect human well-being and how human health influences economic outcomes. The book addresses both macro and micro factors, as well as their interaction, providing new understanding of complex relationships and developments in economic history and economic dynamics. Among the topics explored is how variation in height, whether over time, among different socioeconomic groups, or in different locations, is an important indicator of changes in economic growth and economic development, levels of economic inequality, and economic opportunities for individuals.

Higher Learning, Greater Good

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Publisher : JHU Press
ISBN 13 : 0801890535
Total Pages : 432 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Higher Learning, Greater Good by : Walter W. McMahon

Download or read book Higher Learning, Greater Good written by Walter W. McMahon and published by JHU Press. This book was released on 2009-03-18 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chronic underinvestment in higher education has serious ramifications for both individuals and society. Winner, Best Book in Education, 2009 PROSE Awards, Professional and Scholarly Publishing Division, Association of American Publishers Winner, Best Book in Education, PROSE Awards, Professional and Scholarly Publishing Division, Association of American Publishers A college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits has until now been poorly understood. In Higher Learning, Greater Good, leading education economist Walter W. McMahon carefully describes these benefits and suggests that higher education accrues significant social and private benefits. McMahon's research uncovers a major skill deficit and college premium in the United States and other OECD countries due to technical change and globalization, which, according to a new preface to the 2017 edition, continues unabated. A college degree brings better job opportunities, higher earnings, and even improved health and longevity. Higher education also promotes democracy and sustainable growth and contributes to reduced crime and lower state welfare and prison costs. These social benefits are substantial in relation to the costs of a college education. Offering a human capital perspective on these and other higher education policy issues, McMahon suggests that poor understanding of the value of nonmarket benefits leads to private underinvestment. He offers policy options that can enable state and federal governments to increase investment in higher education.

Deliberately Divided

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Publisher : Rowman & Littlefield
ISBN 13 : 1538132869
Total Pages : 521 pages
Book Rating : 4.5/5 (381 download)

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Book Synopsis Deliberately Divided by : Nancy L. Segal

Download or read book Deliberately Divided written by Nancy L. Segal and published by Rowman & Littlefield. This book was released on 2021-11-08 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 2022 Choice Reviews Outstanding Academic Title Takes the first in-depth look at the New York City adoption agency that separated twins and triplets in the 1960s, and the controversial and disturbing study that tracked the children’s development while never telling their adoptive parents that they were raising a “singleton twin.” In the early 1960s, the head of a prominent New York City Child Development Center and a psychiatrist from Columbia University launched a study designed to track the development of twins and triplets given up for adoption and raised by different families. The controversial and disturbing catch? None of the adoptive parents had been told that they were raising a twin—the study’s investigators insisted that the separation be kept secret. Here, Nancy Segal reveals the inside stories of the agency that separated the twins, and the collaborating psychiatrists who, along with their cadre of colleagues, observed the twins until they turned twelve. This study, far outside the mainstream of scientific twin research, was not widely known to scholars or the general public until it caught the attention of documentary filmmakers whose recent films, Three Identical Strangers and The Twinning Reaction,left viewers shocked, angered, saddened and wanting to know more. Interviews with colleagues, friends and family members of the agency’s psychiatric consultant and the study’s principal investigator, as well as a former agency administrator, research assistants, journalists, ethicists, attorneys, and—most importantly--the twins and their families who were unwitting participants in this controversial study, are riveting. Through records, letters and other documents, Segal further discloses the investigators’ attempts to engage other agencies in separating twins, their efforts to avoid media exposure, their worries over informed consent issues in the 1970s and the steps taken toward avoiding lawsuits while hoping to enjoy the fruits of publication. Segal's spellbinding stories of the twins’ separation, loss and reunion offers readers the behind-the-scenes details that, until now, have been lost to the archives of history.

Economics of Education Review

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Publisher :
ISBN 13 :
Total Pages : 674 pages
Book Rating : 4.:/5 (49 download)

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Book Synopsis Economics of Education Review by :

Download or read book Economics of Education Review written by and published by . This book was released on 2001 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Government Managing Risk

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Publisher : Routledge
ISBN 13 : 113444432X
Total Pages : 317 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Government Managing Risk by : Bruce Chapman

Download or read book Government Managing Risk written by Bruce Chapman and published by Routledge. This book was released on 2006-09-27 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education rates are increasing throughout the Western world, yet at the same time, government budgets face increasing constraints. This has ensured that the importance of student support is recognized in many countries. In recent years there has been a world-wide movement towards the use of income contingent loans (ICL) for higher education. ICLs are now used in six countries following the Australian innovation of 1989, with the governments of many more countries looking very seriously at the model. This impressive new book by Bruce Chapman analyzes ICLs (particularly their use in supporting students), exploring the experiences of a number of other countries adopting them. Chapman presents analysis of a number of disparate case studies to illustrate how ICLs can aid risk management policy reforming in both progressive and administratively feasible ways. This book describes, examines and promotes an exciting new role for the public sector as a manager of risk, and argues that ICLs have enormous potential to change the extent and nature of social and economic activities. With the author's experience in the design and implementation of the Australian student financial support schemes, this is a knowledgeable, informative and enlightening book that will be useful to researchers, students and policy-makers alike.

The Black-White Test Score Gap

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Publisher : Brookings Institution Press
ISBN 13 : 9780815746119
Total Pages : 546 pages
Book Rating : 4.7/5 (461 download)

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Book Synopsis The Black-White Test Score Gap by : Christopher Jencks

Download or read book The Black-White Test Score Gap written by Christopher Jencks and published by Brookings Institution Press. This book was released on 2011-01-01 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The test score gap between blacks and whites—on vocabulary, reading, and math tests, as well as on tests that claim to measure scholastic aptitude and intelligence--is large enough to have far-reaching social and economic consequences. In their introduction to this book, Christopher Jencks and Meredith Phillips argue that eliminating the disparity would dramatically reduce economic and educational inequality between blacks and whites. Indeed, they think that closing the gap would do more to promote racial equality than any other strategy now under serious discussion. The book offers a comprehensive look at the factors that contribute to the test score gap and discusses options for substantially reducing it. Although significant attempts have been made over the past three decades to shrink the test score gap, including increased funding for predominantly black schools, desegregation of southern schools, and programs to alleviate poverty, the median black American still scores below 75 percent of American whites on most standardized tests. The book brings together recent evidence on some of the most controversial and puzzling aspects of the test score debate, including the role of test bias, heredity, and family background. It also looks at how and why the gap has changed over the past generation, reviews the educational, psychological, and cultural explanations for the gap, and analyzes its educational and economic consequences. The authors demonstrate that traditional explanations account for only a small part of the black-white test score gap. They argue that this is partly because traditional explanations have put too much emphasis on racial disparities in economic resources, both in homes and in schools, and on demographic factors like family structure. They say that successful theories will put more emphasis on psychological and cultural factors, such as the way black and white parents teach their children to deal with things they do not know or understand, and the way black and white children respond to the same classroom experiences. Finally, they call for large-scale experiments to determine the effects of schools' racial mix, class size, ability grouping, and other policies. In addition to the editors, the contributors include Claude Steele, Ronald Ferguson, William G. Bowen, Philip Cook, and William Julius Wilson. "