Estimating marginal returns to education

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...

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Veröffentlicht in:	The American economic review 2011-10, Vol.101 (6), p.2754-2781
Hauptverfasser:	Carneiro, Pedro, Heckman, James J, Vytlacil, Edward J
Format:	Artikel
Sprache:	eng
Schlagworte:	Bildungsertrag Bildungspolitik Bildungswesen Economic models Economic theory Economics Education Estimation Estimation methods Higher education Human capital Instrumental variables estimation Outcomes of education P values Policy analysis Politische Reform Polynomials Public colleges Random variables Returns to education Schätzung Shorter Papers Standard error Students Studies Tuition Unemployment USA Variables
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