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

  • Dante Contreras
  • Emerson Melo
  • Susana Ojeda

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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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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  1. David Card, 1994. "Earnings, Schooling, and Ability Revisited," Working Papers 710, Princeton University, Department of Economics, Industrial Relations Section..
  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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