Heckman, James J.; Humphries, John Eric; Veramendi, Gregory - Institute for the Study of Labor (IZA) - 2014
responses to education and find evidence for substantial heterogeneity in unobserved variables on which agents make choices. The … estimated treatment effects of education are decomposed into the direct benefits of attaining a given level of schooling and … estimated treatment effects. While the estimated causal effects of education are substantial for most outcomes, we also estimate …