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Author : Joseph G. Altonji
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.E/5 ( download)
Download or read book Accounting for Uncertain Educational Outcomes in Estimating the Return to Education written by Joseph G. Altonji and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Joseph G. Altonji
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (24 download)
Download or read book The Demand for and Return to Education when Education Outcomes are Uncertain written by Joseph G. Altonji and published by . This book was released on 1991 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast literature on human capital and earnings assumes that individuals know in advance that they will complete a particular program of schooling. This paper treats education as a sequential choice that is made under uncertainty. A simple two period structural model is used to explore the effects of ability, high school preparation, preferences for schooling, the borrowing rate, and ex post payoffs to college on the probability of various post secondary college outcomes and the ex ante return to starting college. The model provides the basis for a simple empirical method of accounting for uncertainty about educational outcomes and for nonlinearity in the relationship between years of education and earnings when estimating the expected return to the first year of college. I present estimates of the effects of gender, aptitude, high school curriculum, family background characteristics, and other variables on the expected return to starting college.
Author : Harry A. Patrinos
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (129 download)
Download or read book Estimating the Returns to Education written by Harry A. Patrinos and published by . This book was released on 2016 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Typically estimates of the benefits of education investments show average private rates of return for the average individual. The averagemay not be useful for policy. An examination of the distribution of the returns across individuals is needed. The few studies that have examined these patterns focus on high-income countries, showing investments to be more profitable at the top of the income distribution. The implication is that investments may increase inequality. Extending the analysis to 16 East Asian and Latin American countries the authors observe mixed evidence in middle-income countries and decreasing returns in low-income countries. Such differences between countries could be due to more job mobility in industrial countries, scarcity of skills, or differential exposure to market forces.
Author :
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ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.:/5 (319 download)
Download or read book The National Longitudinal Study of the High School Class of 1972 written by and published by . This book was released on 1993 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (3 download)
Download or read book Resources in Education written by and published by . This book was released on 1998 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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ISBN 13 :
Total Pages : 600 pages
Book Rating : 4.3/5 (243 download)
Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on 1991 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mark R. Misukanis
Publisher :
ISBN 13 :
Total Pages : 400 pages
Book Rating : 4.:/5 (319 download)
Download or read book The University and the Economy written by Mark R. Misukanis and published by . This book was released on 1999 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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ISBN 13 :
Total Pages : 1786 pages
Book Rating : 4.:/5 (31 download)
Download or read book Monthly Catalogue, United States Public Documents written by and published by . This book was released on 1993 with total page 1786 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Martin P. Catherwood Library
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ISBN 13 :
Total Pages : 510 pages
Book Rating : 4.3/5 (126 download)
Download or read book Library Acquisitions List written by Martin P. Catherwood Library and published by . This book was released on 1991 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Orley Ashenfelter
Publisher : Elsevier
ISBN 13 : 9780444501899
Total Pages : 800 pages
Book Rating : 4.5/5 (18 download)
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.
Download or read book NCEE Brief written by and published by . This book was released on 1989 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Suqin Ge
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Estimating the Returns to Schooling written by Suqin Ge and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the applicability of a dynamic discrete choice model in accounting for the observed OLS and IV estimates of the Mincer equation parameter on returns to education. I estimate a dynamic model of schooling and employment choices using an extended version of Keane and Wolpin (1997) to simulate educational attainment, employment history, and wages. Estimation of the Mincer wage equation using simulated data appears to validate the model, showing that both OLS and IV estimates are greater than the population average returns to schooling. Consistent with the dynamic decision model, ability selection is the major source of bias in the OLS estimates of schooling returns, and the dynamic selection caused by endogenous experience is important to account for biases in the IV estimates.
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ISBN 13 :
Total Pages : 1140 pages
Book Rating : 4.3/5 (126 download)
Download or read book Resources in Education written by and published by . This book was released on 1991 with total page 1140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264025324
Total Pages : 454 pages
Book Rating : 4.2/5 (64 download)
Download or read book Education at a Glance 2006 OECD Indicators written by OECD and published by OECD Publishing. This book was released on 2006-09-12 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual report presents indicators showing who participates in education, what is spent on it and how education systems operate and the results achieved.
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ISBN 13 :
Total Pages : 1336 pages
Book Rating : 4.:/5 (318 download)
Download or read book Journal of Economic Literature written by and published by . This book was released on 1993 with total page 1336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Joseph Altonji
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (129 download)
Download or read book The demand for and return to education when education outcomes are uncertain written by Joseph Altonji and published by . This book was released on 1991 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thomas J. Kane
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (247 download)
Download or read book Estimating Returns to Schooling when Schooling is Misreported written by Thomas J. Kane and published by . This book was released on 1999 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a general method of moments technique to identify measurement error in self-reported and transcript-reported schooling using differences in wages, test scores, and other covariates to discern the relative verity of each measure. We also explore the implications of such reporting errors for both OLS and IV estimates of the returns to schooling. The results cast a new light on two common findings in the extensive literature on the returns to schooling: sheepskin effects' and the recent IV estimates, relying on natural experiments' to identify the payoff to schooling. First, respondents tend to self-report degree attainment much more accurately than they report educational attainment not corresponding with degree attainment. For instance, we estimate that more than 90 percent of those with associate's or bachelor's degrees accurately report degree attainment, while only slightly over half of those with 1 or 2 years of college credits accurately report their educational attainment. As a result, OLS estimates tend to understate returns per year of schooling and overstate degree effects. Second, because the measurement error in educational attainment is non-classical, IV estimates also tend to be biased, although the magnitude of the bias depends upon the nature of the measurement error in the region of educational attainment affected by the instrument
