This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling. …

within a school. We find that greater exposure to "high-achieving" boys, as proxied by their parents' education, decreases …

discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic …

nationally-representative US data set and find that there is little difference between a measure of total years of education and … measures for US and foreign-based years of education. There is a large difference, however, in where total experience is …

This paper examines whether the results of the earnings equation developed in the overeducation/required eduation/under-education … (ORU) literature are sensitive to whether the usual or reference levels of education are measured using the Realized … independent of the measure of the usual or reference level of education used in the analyses. -- Immigrants ; skill ; schooling …

/required education/undereducation (ORU) framework (Hartog, 2000) and a decomposition of the native-born/foreign-born differential in the …

high-skilled adult male native-born workers are also presented for comparison purposes. The results show that over-education … is widespread in the high-skilled US labor market, both for immigrants and the native born. The extent of over-education …. Indeed, in the first 10 to 20 years in the US years of over-education among high-skilled workers have a negative effect on …

paper uses the Over-education/ Required education/Under-education specification of the earnings equation to explore the … years of under-education. A set of predictions is presented to assess the relative importance of these channels, and the … over-education channel is shown to be the more influential factor. This channel is linked to greater positive selection in …