@article{Blundell2003EvaluatingTI, title={Evaluating the impact of education on earnings in the UK: models, methods and results from the NCDS}, author={Richard Blundell and Lorraine Dearden and Barbara Sianesi}, journal={LSE Research Online Documents on Economics}, year={2003} } Regression, matching, control function and instrumental variables methods for recovering the impact of education on individual earnings are reviewed for single treatment and sequential multiple treatments with and without heterogeneous returns. The sensitivity of the estimates once applied to a common dataset is then explored. We show the importance of correcting for detailed test score and family background differences and of allowing for (observable) heterogeneity in returns. We find an…
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Recent studies debate how the unobserved dependence between the monetary return to college education and selection into college can be characterized. This paper examines this question using British…
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Participation in post-compulsory education has grown dramatically in the UK in recent times. The proportion of young people going to university to study full time has increased from 13 per cent in…
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Several recent studies based on 'exogenous' sources of variation in education outcomes show Instrumental Variables (IV) estimates of returns to schooling that are substantially higher than the…
This paper reviews a set of recent studies that have attempted to measure the causal effect of education on labor market earnings by using institutional features of the supply side of the education… The paper examines the effects of pupil-teacher ratios and type of school on educational attainment and wages using the British National Child Development Survey (NCDS). The NCDS is a panel survey… |
Evaluating the impact of education on earnings in the uk: models, methods and results from the ncds
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