G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19971
来源IDWorking Paper 19971
Education, Health and Wages
James J. Heckman; John Eric Humphries; Greg Veramendi; Sergio S. Urzua
发表日期2014-03-13
出版年2014
语种英语
摘要This paper develops and estimates a model with multiple schooling choices that identifies the causal effect of different levels of schooling on health, health-related behaviors, and labor market outcomes. We develop an approach that is a halfway house between a reduced form treatment effect model and a fully formulated dynamic discrete choice model. It is computationally tractable and identifies the causal effects of educational choices at different margins. We estimate distributions of responses to education and find evidence for substantial heterogeneity in unobserved variables on which agents make choices. The estimated treatment effects of education are decomposed into the direct benefits of attaining a given level of schooling and indirect benefits from the option to continue on to further schooling. Continuation values are an important component of our estimated treatment effects. While the estimated causal effects of education are substantial for most outcomes, we also estimate a quantitatively important effect of unobservables on outcomes. Both cognitive and socioemotional factors contribute to shaping educational choices and labor market and health outcomes. We improve on LATE by identifying the groups affected by variations in the instruments. We find benefits of cognition on most outcomes apart from its effect on schooling attainment. The benefits of socioemotional skills on outcomes beyond their effects on schooling attainment are less precisely estimated.
主题Econometrics ; Estimation Methods ; Health, Education, and Welfare ; Health ; Education
URLhttps://www.nber.org/papers/w19971
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/577645
推荐引用方式
GB/T 7714
James J. Heckman,John Eric Humphries,Greg Veramendi,et al. Education, Health and Wages. 2014.
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