Semantic Scholar Open Access 2010 630 sitasi

Estimating Marginal Returns to Education.

Pedro Carneiro James J. Heckman E. Vytlacil

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Abstrak

This paper estimates 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 with values of unobservables that make them more likely to attend college. We contrast our estimates with IV estimates of the return to schooling.

Topik & Kata Kunci

Medicine Economics

Penulis (3)

Pedro Carneiro

James J. Heckman

E. Vytlacil

Format Sitasi

APA MLA BibTeX

Carneiro, P., Heckman, J.J., Vytlacil, E. (2010). Estimating Marginal Returns to Education.. https://doi.org/10.1257/AER.101.6.2754

Akses Cepat

Lihat di Sumber doi.org/10.1257/AER.101.6.2754

Informasi Jurnal

Tahun Terbit: 2010
Bahasa: en
Total Sitasi: 630×
Sumber Database: Semantic Scholar
DOI: 10.1257/AER.101.6.2754
Akses: Open Access ✓