Estimating Marginal Returns to Higher Education in the UK
Author
Abstract
Suggested Citation
Note: ED PE
Download full text from publisher
References listed on IDEAS
- Pedro Carneiro & Karsten T. Hansen & James J. Heckman, 2003. "Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College," NBER Working Papers 9546, National Bureau of Economic Research, Inc.
- James J. Heckman & Edward Vytlacil, 2005.
"Structural Equations, Treatment Effects, and Econometric Policy Evaluation,"
Econometrica, Econometric Society, vol. 73(3), pages 669-738, May.
- James J. Heckman & Edward Vytlacil, 2005. "Structural Equations, Treatment Effects and Econometric Policy Evaluation," NBER Working Papers 11259, National Bureau of Economic Research, Inc.
- James J. Heckman & Edward Vytlacil, 2005. "Structural Equations, Treatment Effects and Econometric Policy Evaluation," NBER Technical Working Papers 0306, National Bureau of Economic Research, Inc.
- Carneiro, Pedro & Hansen, Karsten T. & Heckman, James J., 2003.
"Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice,"
IZA Discussion Papers
767, Institute of Labor Economics (IZA).
- Carneiro, Pedro & Hansen, Karsten & Heckman, James, 2003. "Estimating distributions of treatment effects with an application to the returns to schooling and measurement of the effects of uncertainty on college choice," Working Paper Series 2003:9, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Pedro Carneiro & Karsten T. Hansen & James J. Heckman, 2003. "2001 Lawrence R. Klein Lecture Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(2), pages 361-422, May.
- Lee, Lung-Fei, 1979. "Identification and Estimation in Binary Choice Models with Limited (Censored) Dependent Variables," Econometrica, Econometric Society, vol. 47(4), pages 977-996, July.
- Imbens, Guido W & Angrist, Joshua D, 1994.
"Identification and Estimation of Local Average Treatment Effects,"
Econometrica, Econometric Society, vol. 62(2), pages 467-475, March.
- Joshua D. Angrist & Guido W. Imbens, 1995. "Identification and Estimation of Local Average Treatment Effects," NBER Technical Working Papers 0118, National Bureau of Economic Research, Inc.
- James J. Heckman & Sergio Urzua & Edward Vytlacil, 2006.
"Understanding Instrumental Variables in Models with Essential Heterogeneity,"
The Review of Economics and Statistics, MIT Press, vol. 88(3), pages 389-432, August.
- Heckman, James J. & Urzua, Sergio & Vytlacil, Edward, 2006. "Understanding Instrumental Variables in Models with Essential Heterogeneity," IZA Discussion Papers 2320, Institute of Labor Economics (IZA).
- James J. Heckman & Sergio Urzua & Edward Vytlacil, 2009. "Understanding Instrumental Variables in Models with Essential Heterogeneity," Working Papers 200941, Geary Institute, University College Dublin.
- James J. Heckman & Sergio Urzua & Edward J. Vytlacil, 2006. "Understanding Instrumental Variables in Models with Essential Heterogeneity," NBER Working Papers 12574, National Bureau of Economic Research, Inc.
- Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, January.
- Card, David, 1999. "The causal effect of education on earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 30, pages 1801-1863, Elsevier.
- Philip Oreopoulos, 2006. "Estimating Average and Local Average Treatment Effects of Education when Compulsory Schooling Laws Really Matter," American Economic Review, American Economic Association, vol. 96(1), pages 152-175, March.
- Card, David, 2001.
"Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems,"
Econometrica, Econometric Society, vol. 69(5), pages 1127-1160, September.
- David Card, 2000. "Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems," NBER Working Papers 7769, National Bureau of Economic Research, Inc.
- Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
- Heckman, James J, 1978.
"Dummy Endogenous Variables in a Simultaneous Equation System,"
Econometrica, Econometric Society, vol. 46(4), pages 931-959, July.
- James J. Heckman, 1977. "Dummy Endogenous Variables in a Simultaneous Equation System," NBER Working Papers 0177, National Bureau of Economic Research, Inc.
- Joshua D. Angrist & Guido W. Imbens & D.B. Rubin, 1993. "Identification of Causal Effects Using Instrumental Variables," NBER Technical Working Papers 0136, National Bureau of Economic Research, Inc.
- Angrist, Joshua D. & Krueger, Alan B., 1999.
"Empirical strategies in labor economics,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 23, pages 1277-1366,
Elsevier.
- Alan B. Krueger & Joshua D. Angrist, 1998. "Empirical Strategies in Labor Economics," Working Papers 780, Princeton University, Department of Economics, Industrial Relations Section..
- Joshua Angrist & Alan Krueger, 1998. "Empirical Strategies in Labor Economics," Working papers 98-7, Massachusetts Institute of Technology (MIT), Department of Economics.
- Lorraine Dearden & Barbara Sianesi, 2001. "Estimating the Returns to Education: Models, Methods and Results," CEE Discussion Papers 0016, Centre for the Economics of Education, LSE.
- Andrews,Donald W. K. & Stock,James H. (ed.), 2005. "Identification and Inference for Econometric Models," Cambridge Books, Cambridge University Press, number 9780521844413, November.
- Newey, Whitney K. & McFadden, Daniel, 1986. "Large sample estimation and hypothesis testing," Handbook of Econometrics, in: R. F. Engle & D. McFadden (ed.), Handbook of Econometrics, edition 1, volume 4, chapter 36, pages 2111-2245, Elsevier.
- O. Ashenfelter & D. Card (ed.), 1999. "Handbook of Labor Economics," Handbook of Labor Economics, Elsevier, edition 1, volume 3, number 3.
- James H. Stock & Motohiro Yogo, 2002. "Testing for Weak Instruments in Linear IV Regression," NBER Technical Working Papers 0284, National Bureau of Economic Research, Inc.
- James J. Heckman & Edward J. Vytlacil, 2000. "Local Instrumental Variables," NBER Technical Working Papers 0252, National Bureau of Economic Research, Inc.
- Richard Blundell & Lorraine Dearden & Barbara Sianesi, 2005. "Evaluating the effect of education on earnings: models, methods and results from the National Child Development Survey," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 168(3), pages 473-512, July.
- Lang, Kevin, 1993. "Ability Bias, Discount Rate Bias and the Return to Education," MPRA Paper 24651, University Library of Munich, Germany.
- Aakvik, Arild & Heckman, James J. & Vytlacil, Edward J., 2005. "Estimating treatment effects for discrete outcomes when responses to treatment vary: an application to Norwegian vocational rehabilitation programs," Journal of Econometrics, Elsevier, vol. 125(1-2), pages 15-51.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ireland, Norman & Naylor, Robin A. & Smith, Jeremy & Telhaj, Shqiponja, 2009.
"Educational Returns, ability composition and cohort effects: theory and evidence for cohorts of early-career UK graduates,"
Economic Research Papers
271294, University of Warwick - Department of Economics.
- Ireland, Norman & Naylor, Robin A. & Smith, Jeremy & Telhaj, Shqiponja, 2009. "Educational Returns, ability composition and cohort effects : theory and evidence for cohorts of early-career UK graduates," The Warwick Economics Research Paper Series (TWERPS) 906, University of Warwick, Department of Economics.
- Norman Ireland & Robin A. Naylor & Jeremy Smith & Shqiponja Telhaj, 2009. "Educational Returns, Ability Composition and Cohort Effects: Theory and Evidence for Cohorts of Early-Career UK Graduates," CEP Discussion Papers dp0939, Centre for Economic Performance, LSE.
- Ireland, Norman & Naylor, Robin A. & Smith, Jeremy & Telhaj, Shqiponja, 2009. "Educational returns, ability composition and cohort effects: theory and evidence for cohorts of early-career UK graduates," LSE Research Online Documents on Economics 28608, London School of Economics and Political Science, LSE Library.
- Robin Naylor & Jeremy Smith & Shqiponja Telhaj, 2016.
"Graduate returns, degree class premia and higher education expansion in the UK,"
Oxford Economic Papers, Oxford University Press, vol. 68(2), pages 525-545.
- Robin Naylor & Jeremy Smith & Shqiponja Telhaj, 2015. "Graduate Returns, Degree Class Premia and Higher Education Expansion in the UK," CEP Discussion Papers dp1392, Centre for Economic Performance, LSE.
- Naylor, Robin & Smith, Jeremy & Telhaj, Shqiponja, 2015. "Graduate returns, degree class premia and higher education expansion in the UK," LSE Research Online Documents on Economics 66056, London School of Economics and Political Science, LSE Library.
- repec:zna:indecs:v:19:y:2021:i:4:p:189-209 is not listed on IDEAS
- Martina Mysíková & Jiří Večerník, 2019. "Returns to Tertiary Education in Western and Eastern Europe," Prague Economic Papers, Prague University of Economics and Business, vol. 2019(1), pages 30-48.
- repec:prg:jnlpep:v:preprint:id:686:p:1-19 is not listed on IDEAS
- Purvi Sevak & Lucie Schmidt, 2007.
"How do Immigrants Fare in Retirement?,"
Working Papers
wp169, University of Michigan, Michigan Retirement Research Center.
- Lucie Schmidt & Purvi Sevak, 2013. "How do Immigrants Fare in Retirement," Department of Economics Working Papers 2012-07, Department of Economics, Williams College.
- Stefan Boes, 2011. "On the causal effect of schooling on smoking: evidence without exogeneity conditions," Diskussionsschriften dp1102, Universitaet Bern, Departement Volkswirtschaft.
- Massimiliano BRATTI & Robin NAYLOR & Jeremy SMITH, 2008. "Heterogeneities in the returns to degrees: evidence from the British cohort study 1970," Departmental Working Papers 2008-40, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Robert Moffit, 2007. "Estimating Marginal Treatment Effects in Heterogeneous Populations," Economics Working Paper Archive 539, The Johns Hopkins University,Department of Economics.
- Anirban Basu & James J. Heckman & Salvador Navarro-Lozano & Sergio Urzua, 2007. "Use of instrumental variables in the presence of heterogeneity and self-selection: an application to treatments of breast cancer patients," Health Economics, John Wiley & Sons, Ltd., vol. 16(11), pages 1133-1157.
- Heckman, James J. & Urzúa, Sergio, 2010.
"Comparing IV with structural models: What simple IV can and cannot identify,"
Journal of Econometrics, Elsevier, vol. 156(1), pages 27-37, May.
- Heckman, James J. & Urzua, Sergio, 2009. "Comparing IV with Structural Models: What Simple IV Can and Cannot Identify," IZA Discussion Papers 3980, Institute of Labor Economics (IZA).
- James Heckman & Sergio Urzua, 2010. "Comparing IV with structural models: what simple IV can and cannot identify," CeMMAP working papers CWP08/10, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Sergio Urzua & James J. Heckman, 2009. "Comparing IV with Structural Models: What Simple IV Can and Cannot Identify," Working Papers 200906, Geary Institute, University College Dublin.
- James J. Heckman & Sergio Urzua, 2009. "Comparing IV With Structural Models: What Simple IV Can and Cannot Identify," NBER Working Papers 14706, National Bureau of Economic Research, Inc.
- Mohitosh Kejriwal & Xiaoxiao Li & Evan Totty, 2020.
"Multidimensional skills and the returns to schooling: Evidence from an interactive fixed‐effects approach and a linked survey‐administrative data set,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 35(5), pages 548-566, August.
- Mohitosh Kejriwal & Xiaoxiao Li & Evan Totty, 2018. "Multidimensional Skills and the Returns to Schooling: Evidence from an Interactive Fixed Effects Approach and a Linked Survey-Administrative Dataset," Purdue University Economics Working Papers 1309, Purdue University, Department of Economics.
- Carneiro, Pedro & Lee, Sokbae, 2009.
"Estimating distributions of potential outcomes using local instrumental variables with an application to changes in college enrollment and wage inequality,"
Journal of Econometrics, Elsevier, vol. 149(2), pages 191-208, April.
- Pedro Carneiro & Sokbae (Simon) Lee, 2009. "Estimating distributions of potential outcomes using local instrumental variables with an application to changes in college enrollment and wage inequality," CeMMAP working papers CWP01/09, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Heckman, James J. & Humphries, John Eric & Veramendi, Gregory, 2016. "Dynamic treatment effects," Journal of Econometrics, Elsevier, vol. 191(2), pages 276-292.
- Mohitosh Kejriwal & Xiaoxiao Li & Evan Totty, 2019. "Multidemsional Skills and Returns to Schooling: Evidence from an Interactive Fixed Effects Aproach and a Linked Survey-Administrative Dataset," Purdue University Economics Working Papers 1316, Purdue University, Department of Economics.
- Anirban Basu & James J. Heckman & Salvador Navarro-Lozano & Sergio Urzua, 2007. "Use of instrumental variables in the presence of heterogeneity and self-selection: An application in breast cancer patients," Health, Econometrics and Data Group (HEDG) Working Papers 07/07, HEDG, c/o Department of Economics, University of York.
- Heckman, James J. & Navarro, Salvador, 2007.
"Dynamic discrete choice and dynamic treatment effects,"
Journal of Econometrics, Elsevier, vol. 136(2), pages 341-396, February.
- James J. Heckman & Salvador Navarro, 2005. "Dynamic Discrete Choice and Dynamic Treatment Effects," NBER Technical Working Papers 0316, National Bureau of Economic Research, Inc.
- Heckman, James J. & Navarro, Salvador, 2005. "Dynamic Discrete Choice and Dynamic Treatment Effects," IZA Discussion Papers 1790, Institute of Labor Economics (IZA).
- Belzil, Christian, 2007.
"The return to schooling in structural dynamic models: a survey,"
European Economic Review, Elsevier, vol. 51(5), pages 1059-1105, July.
- Christian Belzil, 2006. "The Return to Schooling in Structural Dynamic Models: A Survey," Post-Print halshs-00142538, HAL.
- Christian Belzil, 2006. "The Return to Schooling in Structural Dynamic Models: A Survey," Working Papers 0609, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Belzil, Christian, 2006. "The Return to Schooling in Structural Dynamic Models: A Survey," IZA Discussion Papers 2370, Institute of Labor Economics (IZA).
- Christian Belzil, 2007. "The Return to Schooling in Structural Dynamic Models: A Survey," Post-Print halshs-00201230, HAL.
- James J. Heckman, 2008. "The Principles Underlying Evaluation Estimators with an Application to Matching," Annals of Economics and Statistics, GENES, issue 91-92, pages 9-73.
- Zamarro, Gema, 2010.
"Accounting for heterogeneous returns in sequential schooling decisions,"
Journal of Econometrics, Elsevier, vol. 156(2), pages 260-276, June.
- Zamarro, G., 2006. "Accounting for Heterogeneous Returns in Sequential Schooling Decisions," Other publications TiSEM 9fd0641a-a631-4625-b8db-7, Tilburg University, School of Economics and Management.
- Gema Zamarro, 2006. "Accounting for Heterogeneous Returns in Sequential Schooling Decisions," Working Papers wp2006_0609, CEMFI.
- Zamarro, G., 2006. "Accounting for Heterogeneous Returns in Sequential Schooling Decisions," Discussion Paper 2006-21, Tilburg University, Center for Economic Research.
- Jaap Abbring & James Heckman, 2008. "Dynamic policy analysis," CeMMAP working papers CWP05/08, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Sánchez-Romero, Miguel & d׳Albis, Hippolyte & Prskawetz, Alexia, 2016.
"Education, lifetime labor supply, and longevity improvements,"
Journal of Economic Dynamics and Control, Elsevier, vol. 73(C), pages 118-141.
- Fürnkranz-Prskawetz, Alexia & Sanchez-Romero, Miguel & d'Albis, Hippolyte, 2015. "Education, lifetime labor supply, and longevity improvements," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112937, Verein für Socialpolitik / German Economic Association.
- Miguel Sanchez-Romero & Hippolyte d'Albis & Alexia Prskawetz, 2016. "Education, lifetime labor supply, and longevity improvements," PSE-Ecole d'économie de Paris (Postprint) halshs-01524869, HAL.
- Miguel Sanchez-Romero & Hippolyte d'Albis & Alexia Prskawetz, 2016. "Education, lifetime labor supply, and longevity improvements," Post-Print halshs-01524869, HAL.
- Sanchez-Romero, Miguel & d'Albis, Hippolyte & Fürnkranz-Prskawetz, Alexia, 2016. "Education, lifetime labor supply, and longevity improvements," ECON WPS - Working Papers in Economic Theory and Policy 06/2016, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
- James J. Heckman, 2010.
"Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy,"
Journal of Economic Literature, American Economic Association, vol. 48(2), pages 356-398, June.
- James J. Heckman, 2010. "Building Bridges Between Structural and Program Evaluation Approaches to Evaluating Policy," NBER Working Papers 16110, National Bureau of Economic Research, Inc.
- Card, David, 2001.
"Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems,"
Econometrica, Econometric Society, vol. 69(5), pages 1127-1160, September.
- David Card, 2000. "Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems," NBER Working Papers 7769, National Bureau of Economic Research, Inc.
- Matt Dickson, 2013.
"The Causal Effect of Education on Wages Revisited,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(4), pages 477-498, August.
- Matt Dickson, 2009. "The Causal Effect of Education on Wages Revisited," The Centre for Market and Public Organisation 09/220, The Centre for Market and Public Organisation, University of Bristol, UK.
- Dickson, Matt, 2009. "The Causal Effect of Education on Wages Revisited," IZA Discussion Papers 4419, Institute of Labor Economics (IZA).
- Karlis Vilerts & Olegs Krasnopjorovs & Edgars Brekis, 2015. "Does Education Affect Wages During and After Economic Crisis? Evidence from Latvia (2006–2012)," Working Papers 2015/03, Latvijas Banka.
- Pedro Carneiro & Sokbae (Simon) Lee, 2005. "Ability, sorting and wage inequality," CeMMAP working papers CWP16/05, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Heckman, James J., 2010. "The Assumptions Underlying Evaluation Estimators," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 30(2), December.
More about this item
JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EDU-2007-10-27 (Education)
- NEP-EEC-2007-10-27 (European Economics)
- NEP-HRM-2007-10-27 (Human Capital and Human Resource Management)
- NEP-SOG-2007-10-27 (Sociology of Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:13534. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.