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Heckman, James J. - 2008

emergence of differentials in abilities between children of advantaged families and children of disadvantaged families, (c) the …

Persistent link: https://www.econbiz.de/10012771710

Allander Series : Skill Policies for Scotland

Heckman, James J.; Masterov, Dimitriy V. - 2021

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...

Persistent link: https://www.econbiz.de/10013246082

Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin

Carneiro, Pedro Manuel - 2010

This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to identify and to estimate than conventional treatment...

Persistent link: https://www.econbiz.de/10013151643

Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments

Eisenhauer, Phillipp - 2014

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 features of educational choices in the United States in...

Persistent link: https://www.econbiz.de/10013044978

Separating Uncertainty from Heterogeneity in Life Cycle Earnings

Cunha, Flavio; Heckman, James J.; Navarro-Lozano, Salvador - 2021

This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is...

Persistent link: https://www.econbiz.de/10013216132

Selection Bias, Comparative Advantage and Heterogeneous Returns to Education

Heckman, James J.; Li, Xuesong - 2021

This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...

Persistent link: https://www.econbiz.de/10013221843

Labor Market Discrimination and Racial Differences in Premarket Factors

Carneiro, Pedro Manuel; Heckman, James J.; Masterov, … - 2021

. Their study has been faulted because minority children and their parents may have pessimistic expectations about receiving … outcomes, minority parents and children have more pessimistic expectations about child schooling relative to white children and … their parents when their children are young. At later ages, expectations are more uniform across racial and ethnic groups …

Persistent link: https://www.econbiz.de/10013252350

The Evidence on Credit Constraints in Post-Secondary Schooling

Carneiro, Pedro Manuel; Heckman, James J. - 2021

This paper examines the family income -- college enrollment relationship and the evidence on credit constraints in post-secondary schooling. We distinguish short-run liquidity constraints from the long-term factors that promote cognitive and noncognitive ability. Long-run factors crystallized in...

Persistent link: https://www.econbiz.de/10013210571

Inference with Imperfect Randomization : The Case of the Perry Preschool Program

Heckman, James J. - 2011

This paper considers the problem of making inferences about the effects of a program on multiple outcomes when the assignment of treatment status is imperfectly randomized. By imperfect randomization we mean that treatment status is reassigned after an initial randomization on the basis of...

Persistent link: https://www.econbiz.de/10013127296

College Majors

Patnaik, Arpita; Wiswall, Matthew; Zafar, Basit - 2022

This article reviews the recent literature on the determinants of college major choices. We first highlight long-term trends and persistent differences in college major choices by gender, race, and family background. We then review the existing research in six key areas: expected earnings and...

Persistent link: https://www.econbiz.de/10014094630