participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and …

This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling …

We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic … discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …

This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we … estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non … patterns of returns that depend on the levels of schooling and ability. Unlike the monetary benefits of education, the benefits …

support the claim of substantial economic benefits from preschool education programs. Previous studies of the rate of return …

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 …