Estimating Marginal Returns to Education.

Estimating Marginal Returns to Education

Nber Working Paper Series Estimating Marginal Returns to Education

This paper estimates the marginal returns to college for individuals induced to enroll in college by different marginal policy changes. The recent instrumental variables literature seeks to estimate this parameter, but in general it does so only under strong assumptions that are tested and found wanting. We show how to utilize economic theory and local instrumental variables estimators to estim...

Estimating the Effects of Family Background on the Return to Schooling

This article examines the causal link between family background characteristics—parental education and family size—and returns to schooling. I implement a model of schooling and earnings with heterogeneous returns to education using data from the Occupational Change in a Generation Survey. I find that men raised in larger families have substantially lower returns to education, whereas the combi...

Value of human capital in transition to market: Evidence from Slovenia

The paper summarizes existing hard evidence concerning the changing value of human capital in Slovenia’s transition to a market system. It investigates changes in patterns of job mobility (via estimating multinomial logit and hazard models) and changes in the structure of wages (via earnings functions) associated with education, experience, gender, and ethnicity. Data are drawn from unusually r...

ارائه الگوی قیمت‌گذاری رمزی برای گاز طبیعی در بخش خانگی و روش تخمین رگرسیون فازی

Public pricing of products is one of the most important economicalissues, since any changes in the pricing, affects both the welfare ofconsumers and quantity of goods and Services which are produced.In this paper which is done for natural gas pricing  in Iran, the purpose is giving a price that the government can consider it as a suitable choice for using in subsidies targeting project. These p...