Showing 1 - 10 of 13
and Krueger (2002) that examined the relationship between the college that students attended in 1976 and the earnings they … estimate the return to various measures of college selectivity for a more recent cohort of students: those who entered college … in 1989. We also estimate the return to college selectivity for the 1976 cohort of students, but over a longer time …
Persistent link: https://www.econbiz.de/10012461498
There are many estimates of the effect of college quality on students' subsequent earnings. One difficulty interpreting … past estimates, however, is that elite colleges admit students, in part, based on characteristics that are related to their … difficult to parse out the effect of attending a selective college from the students' pre-college characteristics. This paper …
Persistent link: https://www.econbiz.de/10012471462
start age created by children's date of birth provides a natural experiment for estimation of the effect of age at school … can be derived for one cohort of students, to the 1980 Census, which contains educational attainment for the same cohort … of students. The results suggest that roughly 10 percent of students were constrained to stay in school by compulsory …
Persistent link: https://www.econbiz.de/10012475476
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10012470950
of schooling on income and GDP growth. Much microeconometric evidence suggest that education is an important causal … determinant of income for individuals within countries. At a national level, however, recent studies have found that increases in … effect of changes in educational attainment on income growth in cross-country data is at least as great as microeconometric …
Persistent link: https://www.econbiz.de/10012471178
In this paper we provide an analytical review of previous estimates of the rate of return on schooling investments and measure how these estimates vary by country, over time, and by estimation method. We find evidence reporting (or file drawer') bias in the estimates and, after due account is...
Persistent link: https://www.econbiz.de/10012471319
Average schooling in US states is highly correlated with state wage levels, even after controlling for the direct effect of schooling on individual wages. We use an instrumental variables strategy to determine whether this relationship is driven by social returns to education. The instrumentals...
Persistent link: https://www.econbiz.de/10012471339
This paper tries to reconcile evidence on the effect of schooling on income and on GDP growth from the microeconometric … determinant of income for individuals within countries as diverse as Sweden and the United States. At a national level, however …. After accounting for measurement error, the effect of changes in educational attainment on income growth in cross …
Persistent link: https://www.econbiz.de/10012471598
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10012471782
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10012469883