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来源类型Working Paper
规范类型报告
DOI10.3386/w22291
来源IDWorking Paper 22291
Returns to Education: The Causal Effects of Education on Earnings, Health and Smoking
James J. Heckman; John Eric Humphries; Gregory Veramendi
发表日期2016-05-30
出版年2016
语种英语
摘要This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in the structural dynamic discrete choice literature with approaches used in the reduced form treatment effect literature. It is an empirically robust middle ground between the two approaches which estimates economically interpretable and policy-relevant dynamic treatment effects that account for heterogeneity in cognitive and non-cognitive skills and the continuation values of educational choices. Graduating college is not a wise choice for all. Ability bias is a major component of observed educational differentials. For some, there are substantial causal effects of education at all stages of schooling.
主题Econometrics ; Estimation Methods ; Health, Education, and Welfare ; Health ; Education
URLhttps://www.nber.org/papers/w22291
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/579964
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James J. Heckman,John Eric Humphries,Gregory Veramendi. Returns to Education: The Causal Effects of Education on Earnings, Health and Smoking. 2016.
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