Showing 1 - 6 of 6
Regression, matching, control function and instrumental variables methods for recovering the impact of education on … find an average return of 27% for those completing higher education versus anything less. Compared to stopping at 16 … without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. …
Persistent link: https://www.econbiz.de/10010292932
This paper uses cross section data to investigate whether the returns to education vary with the level of ability …, clear evidence that the return to schooling is lower for those with higher ability indicating that education can act as a … that education is also a substitute for unobserved ability. …
Persistent link: https://www.econbiz.de/10010292976
examine the impact of education and basic skills on earnings across a large number of countries. We show that the estimated … return to formal education is sensitive to the inclusion of these measures: excluding them biases the return to education … returns to skills tend to be in English speaking countries. Comparing results across countries, the returns to education and …
Persistent link: https://www.econbiz.de/10010293070
This paper uses cross section data to investigate whether the returns to education vary with the level of ability …, clear evidence that the return to schooling is lower for those with higher ability indicating that education can act as a … that education is also a substitute for unobserved ability. …
Persistent link: https://www.econbiz.de/10005509494
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...
Persistent link: https://www.econbiz.de/10010292960
assumptions we find convincing evidence of an increase in inequality within education groups, changes in the return to education …
Persistent link: https://www.econbiz.de/10010293071