Advanced Search
MyIDEAS: Login to save this article or follow this journal

Selection Bias and the Degree Effect

Contents:

Author Info

  • Harley Frazis
Registered author(s):

    Abstract

    This paper evaluates the evidence for a college degree effect-a particularly high return to completing college compared to the first three years-in the National Longitudinal Study of the High School Class of 1972 (NLS-72). An ordered probit model of schooling choice is developed to correct for selection bias. If conventional exclusion restrictions are adopted, selection bias does not appear to account for the degree effect. However, use of Leamer's (1978, 1982) extreme bounds analysis shows that the results are very dependent on acceptance of the exclusion restrictions used to identify the model.

    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.jstor.org/stable/pdfplus/146159
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.

    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 University of Wisconsin Press in its journal Journal of Human Resources.

    Volume (Year): 28 (1993)
    Issue (Month): 3 ()
    Pages: 538-554

    as in new window
    Handle: RePEc:uwp:jhriss:v:28:y:1993:i:3:p:538-554

    Contact details of provider:
    Web page: http://jhr.uwpress.org/

    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:
    1. Joseph G. Altonji & Charles R. Pierret, 1997. "Employer Learning and Statistical Discrimination," NBER Working Papers 6279, National Bureau of Economic Research, Inc.
    2. Arkes, Jeremy, 1999. "What Do Educational Credentials Signal and Why Do Employers Value Credentials?," Economics of Education Review, Elsevier, Elsevier, vol. 18(1), pages 133-141, February.
    3. César Alonso-Borrego & Dolores Collado, 2002. "Innovation and Job Creation and Destruction . Evidence from Spain," Recherches économiques de Louvain, De Boeck Université, De Boeck Université, vol. 68(1), pages 148-168.
    4. Alexander J. Cowell, 2006. "The relationship between education and health behavior: some empirical evidence," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 15(2), pages 125-146.
    5. Alfonso Flores-Lagunes & Audrey Light, 2010. "Interpreting Degree Effects in the Returns to Education," Journal of Human Resources, University of Wisconsin Press, University of Wisconsin Press, vol. 45(2).
    6. Ghosh, Sucharita & Yamarik, Steven, 2004. "Are regional trading arrangements trade creating?: An application of extreme bounds analysis," Journal of International Economics, Elsevier, Elsevier, vol. 63(2), pages 369-395, July.
    7. William H. Greene & David A. Hensher, 2008. "Modeling Ordered Choices: A Primer and Recent Developments," Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics 08-26, New York University, Leonard N. Stern School of Business, Department of Economics.
    8. Regan, Tracy L. & Burghardt, Galen & Oaxaca, Ronald L., 2006. "A Human Capital Model of the Effects of Abilities and Family Background on Optimal Schooling Levels," IZA Discussion Papers 1927, Institute for the Study of Labor (IZA).

    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:uwp:jhriss:v:28:y:1993:i:3:p:538-554. 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: ().

    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.