Advanced Search
MyIDEAS: Login

Evaluating the effect of education on earnings: models, methods and results from the National Child Development Survey

Contents:

Author Info

  • Richard Blundell
  • Lorraine Dearden
  • Barbara Sianesi

Abstract

Regression, matching, control function and instrumental variables methods for recovering the effect of education on individual earnings are reviewed for single treatments and sequential multiple treatments with and without heterogeneous returns. The sensitivity of the estimates once applied to a common data set 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 average return of 27% for those completing higher education "versus" anything less. Compared with stopping at 16 years of age without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. Copyright 2005 Royal Statistical Society.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-985X.2004.00360.x
File Function: link to full text
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Royal Statistical Society in its journal Journal of the Royal Statistical Society Series A.

Volume (Year): 168 (2005)
Issue (Month): 3 ()
Pages: 473-512

as in new window
Handle: RePEc:bla:jorssa:v:168:y:2005:i:3:p:473-512

Contact details of provider:
Postal: 12 Errol Street, London EC1Y 8LX, United Kingdom
Phone: -44-171-638-8998
Fax: -44-171-256-7598
Email:
Web page: http://wileyonlinelibrary.com/journal/rssa
More information through EDIRC

Order Information:
Web: http://ordering.onlinelibrary.wiley.com/subs.asp?ref=1467-985X&doi=10.1111/(ISSN)1467-985X

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:bla:jorssa:v:168:y:2005:i:3:p:473-512. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.