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Public schooling in the U.S. has numerous critics, many of whom suggest that alternatives such as providing vouchers for private schools may be more effective. This paper combines decennial census and American Community Survey data for various years to examine the relationship between...
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Community Survey to examine the effect of formal schooling on worker wages. Given the potential endogeneity of education … censuses. The instrumental variables results suggest that schooling has a significant positive effect on worker wages …. Specifically, an additional year or schooling is estimated to increase hourly wages by 10 percent for men and 12.6 percent for …
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wages, to study the shape of the tax and transfer system at the bottom of the distribution. The sufficient statistics are …
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