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Estimating the Returns to Education Using the Newest Current Population Survey Education Questions

  • Jaeger, David A.

    ()

    (CUNY Graduate Center)

This paper examines the 1997 additions to the Current Population Survey education question. These new questions allow researchers to come closer to the “highest grade completed” measure available before 1992. Using the new information, the average imputed “highest grade completed” is one-tenth grade greater and the estimated return to education .6 to 1 percentage points lower than when using only the post-1991 “highest degree received” question.

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File URL: http://ftp.iza.org/dp500.pdf
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 500.

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Length: 16 pages
Date of creation: May 2002
Date of revision:
Publication status: published in: Economics Letters, 2003, 78 (3), 385-394
Handle: RePEc:iza:izadps:dp500
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  1. Jaeger, David A, 1997. "Reconciling the Old and New Census Bureau Education Questions: Recommendations for Researchers," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(3), pages 300-309, July.
  2. Melissa A. Clark & David Jaeger, 2002. "Natives, the Foreign-Born and High School Equivalents: New Evidence on the Returns to the GED," Working Papers 841, Princeton University, Department of Economics, Industrial Relations Section..
  3. Harley Frazis & Jay Stewart, 1999. "Tracking the Returns to Education in the 1990s: Bridging the Gap between the New and Old Current Population Survey Education Items," Journal of Human Resources, University of Wisconsin Press, vol. 34(3), pages 629-641.
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