Econometric methods for research in education
AbstractThis paper reviews some of the econometric methods that have been used in the economics of education. The focus is on understanding how the assumptions made to justify and implement such methods relate to the underlying economic model and the interpretation of the results. We start by considering the estimation of the returns to education both within the context of a dynamic discrete choice model inspired byWillis and Rosen (1979) and in the context of the Mincer model. We discuss the relationship between the econometric assumptions and economic behaviour. We then discuss methods that have been used in the context of assessing the impact of education quality, the teacher contribution to pupils' achievement and the effect of school quality on housing prices. In the process we also provide a summary of some of the main results in this literature.
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Bibliographic InfoPaper provided by Institute for Fiscal Studies in its series IFS Working Papers with number W10/10.
Date of creation: May 2010
Date of revision:
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Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE
Other versions of this item:
- I2 - Health, Education, and Welfare - - Education
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-07-24 (All new papers)
- NEP-DCM-2010-07-24 (Discrete Choice Models)
- NEP-ECM-2010-07-24 (Econometrics)
- NEP-EDU-2010-07-24 (Education)
- NEP-LTV-2010-07-24 (Unemployment, Inequality & Poverty)
- NEP-URE-2010-07-24 (Urban & Real Estate Economics)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Meghir and Rivkin NBER - Econometric Methods for Research in Education
by Liam Delaney in Geary Behaviour Centre on 2010-07-19 08:07:00
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