Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/64716
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Carneiro, Pedro | en |
dc.contributor.author | Heckman, James | en |
dc.contributor.author | Vytlacil, Edward | en |
dc.date.accessioned | 2010-11-04 | - |
dc.date.accessioned | 2012-10-16T13:12:06Z | - |
dc.date.available | 2012-10-16T13:12:06Z | - |
dc.date.issued | 2010 | - |
dc.identifier.pi | doi:10.1920/wp.cem.2010.2910 | en |
dc.identifier.uri | http://hdl.handle.net/10419/64716 | - |
dc.description.abstract | This paper estimates the marginal returns to college for individuals induced to enroll in college by different marginal policy changes. The recent instrumental variables literature seeks to estimate this parameter, but in general it does so only under strong assumptions that are tested and found wanting. We show how to utilize economic theory and local instrumental variables estimators to estimate the effect of marginal policy changes. Our empirical analysis shows that returns are higher for individuals more likely to attend college. We contrast the returns to well-defined marginal policy changes with IV estimates of the return to schooling. Some marginal policy changes inducing students into college produce very low returns. | en |
dc.language.iso | eng | en |
dc.publisher | |aCentre for Microdata Methods and Practice (cemmap) |cLondon | en |
dc.relation.ispartofseries | |acemmap working paper |xCWP29/10 | en |
dc.subject.jel | J31 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Returns to Schooling | en |
dc.subject.keyword | Marginal Return | en |
dc.subject.keyword | Average Return | en |
dc.subject.keyword | Marginal Treatment Effect | en |
dc.subject.stw | Bildungswesen | en |
dc.subject.stw | Bildungspolitik | en |
dc.subject.stw | Politische Reform | en |
dc.subject.stw | Bildungsertrag | en |
dc.subject.stw | USA | en |
dc.title | Estimating marginal returns to education | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 638495555 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:ifs:cemmap:29/10 | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.