In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...

Zusammenfassung Während die qualifikatorische Lohnstruktur in Deutschland in den vergangenen beiden Jahrzehnten relativ stabil war, mußte vor allem bei den unteren Qualifikationsgruppen ein deutlicher Beschäftigungsverlust konstatiert werden. In diesem Beitrag werden die Wirkungen des...

In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...

In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...