Showing 1 - 10 of 202
This paper presents the first analysis for Arkansas using 2024 CPS data to examine education's impact on earnings and returns to investment. Average returns are 7.7%, higher for women (9%). University education yields even more: 8.8% overall, 8.1% for men, and 10.8% for women. With full...
Persistent link: https://www.econbiz.de/10015413372
The evidence underscores the need to shift attention from school attainment to actual learning. While the average global return to an additional year of schooling is about 10 percent, a one standard deviation increase in test scores raises earnings by 15 percent. Studies show that including...
Persistent link: https://www.econbiz.de/10015407905
Why do individuals choose different types of post-secondary education, and what are the labor market consequences of those choices? We show that answering these questions is difficult because individuals choose between several unordered alternatives. Even with a valid instrument for every type...
Persistent link: https://www.econbiz.de/10010468732
Persistent link: https://www.econbiz.de/10010507785
Persistent link: https://www.econbiz.de/10010481184
The Mincer equation-arguably the most widely used in empirical work-can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employment earnings as a function of schooling and labor market experience. The Mincer...
Persistent link: https://www.econbiz.de/10011507219
Persistent link: https://www.econbiz.de/10011595648
This paper presents the first analysis for Arkansas using 2024 CPS data to examine education's impact on earnings and returns to investment. Average returns are 7.7%, higher for women (9%). University education yields even more: 8.8% overall, 8.1% for men, and 10.8% for women. With full...
Persistent link: https://www.econbiz.de/10015416187
the total test measurement error that can be applied when one or more cohorts of students take three or more tests in the …
Persistent link: https://www.econbiz.de/10013107477
Persistent link: https://www.econbiz.de/10009535000