返回Google圖書搜尋

The Wage Returns to Education Over the Life-Cycle

其他書名	Heterogeneity and the Role of Experience
出版	SSRN, 2016
URL	http://books.google.com.hk/books?id=kGz_zgEACAAJ&hl=&source=gbs_api

註釋This paper re-examines the wage returns to the 1972 Raising of the School Leaving Age (RoSLA) in England and Wales using a high-quality administrative panel dataset covering the relevant cohorts for almost 40 years of their labour market careers. With best practice regression discontinuity methods we find at best a zero return to the additional education for men. However, we contend that regression discontinuity methods in this context will give unreliable estimates of the return. Using the panel data to correct for this we find a local average treatment effect of 7% over the lifetime for this additional year of education.