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Essays on skills and education
[Essais sur les compétences et l'éducation]

Author

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  • Oliver Cassagneau-Francis

    (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

Abstract

The three chapters of this thesis study different aspects of skills and human capital across different contexts.The first chapter investigates the question: what drives some young people to choose to attend university while others do not? This chapter focuses on non-pecuniary factors: using detailed survey data from UK cohort studies I compare the expectations of young people who both attend and do not attend university about many different aspects of life at, and after, university. Non-pecuniary, and particularly non-financial, factors are shown to be much more important than wages in determining the higher education choices of young people.The second chapter moves the focus of the analysis from expected returns from before attending university, to realised returns after university - from ex ante to ex post. Using the same cohort studies as in chapter 1, I study the wage returns to a university degree in the UK as a function of ability on entry to university. I develop a methodology that allows the estimation of both cognitive and non-cognitive prior abilities. I use these estimates to study how the returns to university vary across groups of individuals with different prior ability levels, allowing for interactions between the different components of ability. In chapter 3 the focus switches from higher education to formal training. Using a novel methodology in the spirit of diff-in-diff, we exploit novel French data on training to estimate the wage returns to formal training. We find small estimates in the range of 1-3%, suggesting the larger estimates found in earlier studies may have failed to fully account for unobserved heterogeneity.

Suggested Citation

  • Oliver Cassagneau-Francis, 2022. "Essays on skills and education [Essais sur les compétences et l'éducation]," SciencePo Working papers Main tel-03857494, HAL.
  • Handle: RePEc:hal:spmain:tel-03857494
    Note: View the original document on HAL open archive server: https://theses.hal.science/tel-03857494
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    References listed on IDEAS

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    1. Cunha, Flavio & Heckman, James J., 2007. "Identifying and Estimating the Distributions of Ex Post and Ex Ante Returns to Schooling," Labour Economics, Elsevier, vol. 14(6), pages 870-893, December.
    2. repec:hal:spmain:info:hdl:2441/4m4fqk908d9obqasu0uhft7t94 is not listed on IDEAS
    3. Flavio Cunha & James J. Heckman & Susanne M. Schennach, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," Econometrica, Econometric Society, vol. 78(3), pages 883-931, May.
    4. Bonhomme, Stéphane & Jochmans, Koen & Robin, Jean-Marc, 2017. "Nonparametric estimation of non-exchangeable latent-variable models," Journal of Econometrics, Elsevier, vol. 201(2), pages 237-248.
    5. Cunha, Flavio & Heckman, James J. & Lochner, Lance, 2006. "Interpreting the Evidence on Life Cycle Skill Formation," Handbook of the Economics of Education, in: Erik Hanushek & F. Welch (ed.), Handbook of the Economics of Education, edition 1, volume 1, chapter 12, pages 697-812, Elsevier.
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    7. D’Haultfœuille, Xavier & Maurel, Arnaud, 2013. "Inference on an extended Roy model, with an application to schooling decisions in France," Journal of Econometrics, Elsevier, vol. 174(2), pages 95-106.
    8. Bonhomme, Stéphane & Jochmans, Koen & Robin, Jean-Marc, 2017. "Nonparametric estimation of non-exchangeable latent-variable models," Journal of Econometrics, Elsevier, vol. 201(2), pages 237-248.
    9. Card, David, 2001. "Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems," Econometrica, Econometric Society, vol. 69(5), pages 1127-1160, September.
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    Keywords

    Skills; Education; Unobserved heterogeneity; Wages; Compétences; Hétérogénéité non observée; Salaires;
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