| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16474 |
| 来源ID | Working Paper 16474 |
| Estimating Marginal Returns to Education | |
| Pedro Carneiro; James J. Heckman; Edward J. Vytlacil | |
| 发表日期 | 2010-10-14 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | 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 with values of unobservables that make them 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. |
| 主题 | Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w16474 |
| 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/574148 |
| 推荐引用方式 GB/T 7714 | Pedro Carneiro,James J. Heckman,Edward J. Vytlacil. Estimating Marginal Returns to Education. 2010. |
| 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 | ||
| w16474.pdf（824KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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