Fan, Elliott; Meng, Xin; Wei, Zhichao; Zhao, Guochang - 2010
, we estimate the Local Average Treatment Effects (LATE) of university education based on a Regression Discontinuity design … education on earnings. Our results show that the rates of return to 4-year university education relative to 3-year college … education are 40 and 60 per cent for the compliers in the male and female samples, respectively, which are much larger than the …