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Trends in quality-adjusted skill premia in the United States, 1960-2000

Carneiro, Pedro; Lee, Sokbae - 2010

This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can...

Persistent link: https://www.econbiz.de/10010278473

Trends in quality-adjusted skill premia in the United States, 1960 - 2000

Carneiro, Pedro; Lee, Sokbae - 2008

This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 8 percentage points in the college premium. The standard demand and supply framework (Katz and Murphy, 1992, Card...

Persistent link: https://www.econbiz.de/10010288435

Human Capital Policy

Carneiro, Pedro; Heckman, James Joseph - 2003

. Most of the gaps in college attendance and delay are determined by early family factors. Children from better families and … with high ability earn higher returns to schooling. We find only a limited role for tuition policy or family income …

Persistent link: https://www.econbiz.de/10010274200

Labor Market Discrimination and Racial Differences in Premarket Factors

Carneiro, Pedro; Heckman, James Joseph; Masterov, … - 2005

We investigate the relative significance of differences in cognitive skills and discrimination in explaining racial/ethnic wage gaps. We show that cognitive test scores taken prior to entering the labor market are influenced by schooling. Adjusting the scores for racial/ethnic differences in...

Persistent link: https://www.econbiz.de/10010274210

Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice

Carneiro, Pedro; Hansen, Karsten T.; Heckman, James Joseph - 2003

This paper uses factor models to identify and estimate distributions of counterfactuals. We extend LISREL frameworks to a dynamic treatment effect setting, extending matching to account for unobserved conditioning variables. Using these models, we can identify all pairwise and joint treatment...

Persistent link: https://www.econbiz.de/10010274215

The Evidence on Credit Constraints in Post-Secondary Schooling

Carneiro, Pedro; Heckman, James Joseph - 2002

This paper examines the family income?college enrollment relationship and the evidence on credit constraints in post … ability. Long-run factors crystallized in ability are the major determinants of the family income?schooling relationship …

Persistent link: https://www.econbiz.de/10010274218

Labor market discrimination and racial differences in premarket factors

Carneiro, Pedro; Heckman, James J.; Masterov, Dimitriy V. - 2005

Persistent link: https://www.econbiz.de/10010317899

Average and marginal returns to upper secondary schooling in Indonesia

Carneiro, Pedro; Lokshin, Michael; Ridao-Cano, Cristobal; … - 2011

This paper estimates average and marginal returns to schooling in Indonesia using a non-parametric selection model. Identification of the model is given by exogenous geographic variation in access to upper secondary schools. We find that the return to upper secondary schooling varies widely...

Persistent link: https://www.econbiz.de/10010282598

Average and marginal returns to upper secondary schooling in Indonesia

Carneiro, Pedro; Lokshin, Michael; Ridao-Cano, Cristobal; … - 2011

Persistent link: https://www.econbiz.de/10010288327

Estimating marginal returns to education

Carneiro, Pedro; Heckman, James; Vytlacil, Edward - 2010

the return to schooling. Some marginal policy changes inducing students into college produce very low returns. …

Persistent link: https://www.econbiz.de/10010288375