Accounting For Uncertain Educational Outcomes In Estimating The Return To Education PDF Download
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Author | : Joseph G. Altonji |
Publisher | : |
Total Pages | : 36 |
Release | : 1990 |
Genre | : Career development |
ISBN | : |
Download Accounting for Uncertain Educational Outcomes in Estimating the Return to Education Book in PDF, ePub and Kindle
Author | : Joseph G. Altonji |
Publisher | : |
Total Pages | : 37 |
Release | : 1991 |
Genre | : College attendance |
ISBN | : |
Download The Demand for and Return to Education when Education Outcomes are Uncertain Book in PDF, ePub and Kindle
The vast literature on human capital and earnings assumes that individuals know in advance that they will complete a particular program of schooling. This paper treats education as a sequential choice that is made under uncertainty. A simple two period structural model is used to explore the effects of ability, high school preparation, preferences for schooling, the borrowing rate, and ex post payoffs to college on the probability of various post secondary college outcomes and the ex ante return to starting college. The model provides the basis for a simple empirical method of accounting for uncertainty about educational outcomes and for nonlinearity in the relationship between years of education and earnings when estimating the expected return to the first year of college. I present estimates of the effects of gender, aptitude, high school curriculum, family background characteristics, and other variables on the expected return to starting college.
Author | : Harry A. Patrinos |
Publisher | : |
Total Pages | : 38 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Estimating the Returns to Education Book in PDF, ePub and Kindle
Typically estimates of the benefits of education investments show average private rates of return for the average individual. The averagemay not be useful for policy. An examination of the distribution of the returns across individuals is needed. The few studies that have examined these patterns focus on high-income countries, showing investments to be more profitable at the top of the income distribution. The implication is that investments may increase inequality. Extending the analysis to 16 East Asian and Latin American countries the authors observe mixed evidence in middle-income countries and decreasing returns in low-income countries. Such differences between countries could be due to more job mobility in industrial countries, scarcity of skills, or differential exposure to market forces.
Author | : |
Publisher | : |
Total Pages | : 104 |
Release | : 1993 |
Genre | : Government publications |
ISBN | : |
Download The National Longitudinal Study of the High School Class of 1972 Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 328 |
Release | : 1998 |
Genre | : Education |
ISBN | : |
Download Resources in Education Book in PDF, ePub and Kindle
Author | : Mark R. Misukanis |
Publisher | : |
Total Pages | : 400 |
Release | : 1999 |
Genre | : |
ISBN | : |
Download The University and the Economy Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 600 |
Release | : 1991 |
Genre | : Government publications |
ISBN | : |
Download Monthly Catalog of United States Government Publications Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 1786 |
Release | : 1993 |
Genre | : Government publications |
ISBN | : |
Download Monthly Catalogue, United States Public Documents Book in PDF, ePub and Kindle
Author | : Martin P. Catherwood Library |
Publisher | : |
Total Pages | : 510 |
Release | : 1991 |
Genre | : Industrial relations |
ISBN | : |
Download Library Acquisitions List Book in PDF, ePub and Kindle
Author | : Orley Ashenfelter |
Publisher | : Elsevier |
Total Pages | : 800 |
Release | : 1999-11-18 |
Genre | : Business & Economics |
ISBN | : 9780444501899 |
Download Handbook of Labor Economics Book in PDF, ePub and Kindle
A guide to the continually evolving field of labour economics.