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) surveyed employees. As an illustration in the second part of the paper, we consider the estimation of the relationship between …
Persistent link: https://www.econbiz.de/10013239965
Many economists and educators of diverse political beliefs favor public support for education on the premise that a more educated electorate enhances the quality of democracy. While some earlier studies document an association between schooling and citizenship, little attempt has been made to...
Persistent link: https://www.econbiz.de/10013213055
Over the past 15 years, labor-quality growth has been very strong—defying nearly all earlier projections—and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on...
Persistent link: https://www.econbiz.de/10012984123
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
Persistent link: https://www.econbiz.de/10013046176
We develop a specific-factors model of regional economies that includes two types of workers, skilled and unskilled. The model delivers a simple equation relating trade-induced local shocks to changes in local skill premia. We apply the methodology to Brazil's early 1990s trade liberalization...
Persistent link: https://www.econbiz.de/10013029024
In this paper, we explore Bayesian inference in models with many instrumental variables that are potentially weakly correlated with the endogenous regressor. The prior distribution has a hierarchical (nested) structure. We apply the methods to the Angrist-Krueger (AK, 1991) analysis of returns...
Persistent link: https://www.econbiz.de/10013218446
In this paper we analyze estimation of coefficients in regression models under moment restrictions where the moment … an application based on omitted ability bias in estimation of wage regressions. The National Longitudinal Survey Young …
Persistent link: https://www.econbiz.de/10013218741
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
conclude that twins-based estimation is vulnerable to the same sort of inconsistency that afflicts conventional cross …-sectional estimation. We argue, however, that, if one starts with the presumption that endogenous schooling induces upward inconsistency in …
Persistent link: https://www.econbiz.de/10013228014
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
Persistent link: https://www.econbiz.de/10013116685