Quantile Regression Evidence on Italian Education Returns
This study intends to provide some updated empirical evidence on Italian Education Returns through Quantile Regression. Such a methodology enables us to explore the (Quantile Treatment) Effect of Schooling on the (shape of) income conditional distribution (viewed as reflecting the distribution of unobservable ability), and to analyze indirectly the education-ability interaction in the generation of human capital, and its effect on earnings. We obtain estimates displaying a U-shaped pattern, i.e. higher returns at the highest and lowest quantiles of income, suggesting substitution among human capital factors for low ability individuals, and complementarity for high ability earners.
Volume (Year): 94 (2004)
Issue (Month): 6 (November-December)
|Contact details of provider:|| |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martins, Pedro S. & Pereira, Pedro T., 2004. "Does education reduce wage inequality? Quantile regression evidence from 16 countries," Labour Economics, Elsevier, vol. 11(3), pages 355-371, June.
- Omar Arias & Walter Sosa-Escudero & Kevin F. Hallock, 2001.
"Individual heterogeneity in the returns to schooling: instrumental variables quantile regression using twins data,"
Springer, vol. 26(1), pages 7-40.
- Omar Arias & Kevin F. Hallock & Walter Sosa Escudero, 1999. "Individual Heterogeneity in the Returns to Schooling: Instrumental Variables Quantile Regression using Twins Data," Department of Economics, Working Papers 016, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
- Card, David & Krueger, Alan B, 1992.
"Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States,"
Journal of Political Economy,
University of Chicago Press, vol. 100(1), pages 1-40, February.
- David Card & Alan Krueger, 1990. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Working Papers 645, Princeton University, Department of Economics, Industrial Relations Section..
- David Card & Alan Krueger, 1990. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," NBER Working Papers 3358, National Bureau of Economic Research, Inc.
- David Card, 2000.
"Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems,"
NBER Working Papers
7769, National Bureau of Economic Research, Inc.
- Card, David, 2001. "Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems," Econometrica, Econometric Society, vol. 69(5), pages 1127-60, September.
- Buchinsky, Moshe, 1995. "Estimating the asymptotic covariance matrix for quantile regression models a Monte Carlo study," Journal of Econometrics, Elsevier, vol. 68(2), pages 303-338, August.
- Hause, John C, 1972. "Earnings Profile: Ability and Schooling," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages S108-S38, Part II, .
- Honore, Bo E & Hu, Luojia, 2004. "On the Performance of Some Robust Instrumental Variables Estimators," Journal of Business & Economic Statistics, American Statistical Association, vol. 22(1), pages 30-39, January.
- Mwabu, Germano & Schultz, T Paul, 1996.
"Education Returns across Quantiles of the Wage Function: Alternative Explanations for Returns to Education by Race in South Africa,"
American Economic Review,
American Economic Association, vol. 86(2), pages 335-39, May.
- Schultz, T.P. & Mwabu, G., 1995. "Education Returns Across Quantiles of the Wage Function: Alternative Explanation for Returns to Education by Race in South Africa," Papers 744, Yale - Economic Growth Center.
- Bernd Fitzenberger & Claudia Kurz, 2003.
"New insights on earnings trends across skill groups and industries in West Germany,"
Springer, vol. 28(3), pages 479-514, July.
- Fitzenberger, Bernd & Kurz, Claudia, 1997. "New insights on earnings trends across skill groups and industries in West Germany," Discussion Papers 38, University of Konstanz, Center for International Labor Economics (CILE).
- Ichino, Andrea & Winter-Ebmer, Rudolf, 1998.
"Lower and Upper Bounds of Returns to Schooling: An Exercise in IV estimation with Different Instruments,"
CEPR Discussion Papers
2007, C.E.P.R. Discussion Papers.
- Ichino, Andrea & Winter-Ebmer, Rudolf, 1999. "Lower and upper bounds of returns to schooling: An exercise in IV estimation with different instruments," European Economic Review, Elsevier, vol. 43(4-6), pages 889-901, April.
- Moshe Buchinsky, 1998. "Recent Advances in Quantile Regression Models: A Practical Guideline for Empirical Research," Journal of Human Resources, University of Wisconsin Press, vol. 33(1), pages 88-126.
When requesting a correction, please mention this item's handle: RePEc:rpo:ripoec:v:94:y:2004:i:6:p:49-100. 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: (Sabrina Marino)
If references are entirely missing, you can add them using this form.