| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13780 |
| 来源ID | Working Paper 13780 |
| Earnings Functions and Rates of Return | |
| James J. Heckman; Lance J. Lochner; Petra E. Todd | |
| 发表日期 | 2008-02-07 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | The internal rate of return to schooling is a fundamental economic parameter that is often used to assess whether expenditure on education should be increased or decreased. This paper considers alternative approaches to estimating marginal internal rates of return for different schooling levels. We implement a general nonparametric approach to estimate marginal internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings-schooling-experience relationship. The returns obtained by the more general method differ substantially from Mincer returns in levels and in their evolution over time. They indicate relatively larger returns to graduating from high school than from graduating from college, although both have been increasing over time. |
| 主题 | Econometrics ; Estimation Methods |
| URL | https://www.nber.org/papers/w13780 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571455 |
| 推荐引用方式 GB/T 7714 | James J. Heckman,Lance J. Lochner,Petra E. Todd. Earnings Functions and Rates of Return. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13780.pdf（271KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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