Estimating the return to college in Britain using regression and propensity score matching.

Autor/in	Fan, Wen
Titel	Estimating the return to college in Britain using regression and propensity score matching.
Quelle	In: Labour : review of labour economics and industrial relations, 26 (2012) 1, S. 31-45 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1121-7081; 1467-9914
DOI	10.1111/j.1467-9914.2011.00533.x
Schlagwörter	Kognitive Kompetenz; Bildungsertrag; Lohnhöhe; Hochschulbildung; Studienberechtigter; Studienverzicht; Hochschulabsolvent; Großbritannien
Abstract	College graduates tend to earn more than non-graduates but it is difficult to ascertain how much of this empirical association between wages and college degree is due to the causal effect of a college degree and how much is due to unobserved factors that influence both wages and education (e.g. ability). In this paper, I use the 1970 British Cohort Study to examine the college premium for people who have a similar ability level by using a restricted sample of people who are all college eligible but some never attend. Compared with using the full sample, restricting the sample to college-eligible reduces the return to college significantly using both regression and propensity score matching estimates. The finding suggests the importance of comparing individuals of similar ability levels when estimating the return to college. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2013/3