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affirm that marginal returns to education among children of less-educated parents are as high and perhaps much higher than … education and earnings than other men. The education and earnings gains are concentrated among men with poorly-educated parents …
Persistent link: https://www.econbiz.de/10012474462
We examine evidence on omitted-ability bias in estimates of the economic return to schooling, using proxies for unobserved ability. We consider measurement error in these ability proxies and the potential endogeneity of both experience and schooling, and examine wages at labor market entry and...
Persistent link: https://www.econbiz.de/10012474703
Over the 1980s there were sharp increases in the return to schooling estimated with conventional wage regressions. We use both a signaling model and a human capital model to explore how the relationship between ability and schooling could have changed over this period in ways Chat would have...
Persistent link: https://www.econbiz.de/10012475313
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,...
Persistent link: https://www.econbiz.de/10012480351
studies, however, explicitly consider the quality of schooling to which impacted students are exposed. To extend this …
Persistent link: https://www.econbiz.de/10012481673
We use estimates across all known "credibly causal" studies to examine the distributions of the causal effects of public K12 school spending on test scores and educational attainment in the United States. Under reasonable assumptions, for each of the 31 included studies, we compute the same...
Persistent link: https://www.econbiz.de/10012482732
We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that overall quality matters for reputation, does the quality...
Persistent link: https://www.econbiz.de/10012463122
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
Persistent link: https://www.econbiz.de/10012463186
with comprehensive schools during the 1960s and 70s. Before the reform, students would take an exam at age eleven, which …-added methodology: they compare outcomes for students passing through either type of school controlling for achievement levels at the … children only enter secondary school at age 11, these effects are likely due to selection bias. Careful choice of treatment and …
Persistent link: https://www.econbiz.de/10012466493
We estimate the impact of compulsory schooling on earnings using the changes in compulsory schooling laws for secondary schools in West German states during the period from 1948 to 1970. While our research design is very similar to studies for various other countries, we find very different...
Persistent link: https://www.econbiz.de/10012467265