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¿Estimando el retorno a la educación o a los no observables?: evidencia de datos de panel

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Author Info

  • Dante Contreras
  • Emerson Melo
  • Susana Ojeda

Abstract

El presente trabajo examina la magnitud y dirección del sesgo por no observables en la estimación del retorno de la educación. Usando el panel Casen 1996-2001, la magnitud y dirección del sesgo fueron establecidas comparando las tasas de retorno obtenidas a través de MCO. Heckman y un modelo en diferencias. Los resultados del modelo en diferencias muestran una tasa de retorno a la educación de 9%, 2 a 5 puntos porcentajes inferior a las obtenidas con los métodos tradicionales.

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File URL: http://www.econ.uchile.cl/uploads/publicacion/1e30ff1e-14d3-4b5d-b9e8-5973ecc1409b.pdf
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Bibliographic Info

Article provided by University of Chile, Department of Economics in its journal Estudios de Economia.

Volume (Year): 32 (2005)
Issue (Month): 2 Year 2005 (December)
Pages: 187-199

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Handle: RePEc:udc:esteco:v:32:y:2005:i:2:p:187-199

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Web page: http://www.econ.uchile.cl/
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Related research

Keywords: Retorno a la educación; no observables; efectos fijos.;

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References

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  1. David Card, 1994. "Earnings, Schooling, and Ability Revisited," NBER Working Papers 4832, National Bureau of Economic Research, Inc.
  2. Joshua Angrist & Alan Krueger, 1990. "Does Compulsory School Attendance Affect Schooling and Earnings?," Working Papers 653, Princeton University, Department of Economics, Industrial Relations Section..
  3. Orley Ashenfelter & David Zimmerman, 1993. "Estimates of the Return to Schooling From Sibling Data: Fathers, Sons and Brothers," Working Papers 697, Princeton University, Department of Economics, Industrial Relations Section..
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Citations

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Cited by:
  1. Loreto Reyes & Jorge Rodríguez & Sergio S. Urzúa, 2013. "Heterogeneous Economic Returns to Postsecondary Degrees: Evidence from Chile," NBER Working Papers 18817, National Bureau of Economic Research, Inc.
  2. López, Ramón & Miller, Sebastian J., 2008. "Chile: The Unbearable Burden of Inequality," World Development, Elsevier, vol. 36(12), pages 2679-2695, December.
  3. Alvarado, Rafael, 2012. "Wages differentials in Ecuador: A regional approach with sample selection of Heckman and Oaxaca-Blinder decomposition," MPRA Paper 37470, University Library of Munich, Germany.

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