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Book On the Validity of Season of Birth as an Instrument in Wage Equations

Download or read book On the Validity of Season of Birth as an Instrument in Wage Equations written by John Bound and published by . This book was released on 1996 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an important and provocative paper, Does Compulsory School Attendance Affect Schooling and Earnings?', Angrist and Krueger use quarter of birth as an instrument for educational attainment in wage equations. To support a causal interpretation of their estimates, they argue that compulsory school attendance laws alone account for the association between quarter of birth and earnings. In this note we present evidence that the association between quarter of birth and earnings is too strong to be fully explained by compulsory school attendance laws in the samples studied by Angrist and Krueger. Moreover, while the association between quarter of birth and educational attainment was weaker for more recent cohorts, we found no evidence that the strength of the relationship between quarter of birth and earnings was also weaker in those cohorts. In addition, we present evidence that suggests the association between quarter of birth and earnings or other labor market outcomes existed for cohorts that were not bound by compulsory school attendance laws. Our results call into question the validity of any causal inferences based on Angrist and Krueger's estimates regarding the effect of education on earnings.

Book On the Validity of Season of Birth as an Instrument in Wage Equations  a Comment on Angrist and Krueger s  Does Compulsory School Attendence Affect Schooling and Earnings

Download or read book On the Validity of Season of Birth as an Instrument in Wage Equations a Comment on Angrist and Krueger s Does Compulsory School Attendence Affect Schooling and Earnings written by Johns Bound and published by . This book was released on 1996 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book On the Validy of Season of Birth as an Instrument in Wage Equations  a Comment on Angrist and Krueger s  Does Compulsory School Attendance Affect Schooling and Earnings

Download or read book On the Validy of Season of Birth as an Instrument in Wage Equations a Comment on Angrist and Krueger s Does Compulsory School Attendance Affect Schooling and Earnings written by John Bound and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book On the Validility of Season of Birth as an Instrument in Wage Equations

Download or read book On the Validility of Season of Birth as an Instrument in Wage Equations written by John Bound and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book On the Validity of Season of Birth as an Instrument in Wage Equations   a Comment on Angrist and Krueger s  does Compulsory School Attendance Affect Schooling and Earnings

Download or read book On the Validity of Season of Birth as an Instrument in Wage Equations a Comment on Angrist and Krueger s does Compulsory School Attendance Affect Schooling and Earnings written by John Bound and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Limits of Inference without Theory

Download or read book The Limits of Inference without Theory written by Kenneth I. Wolpin and published by MIT Press. This book was released on 2013-04-26 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of theory in ex ante policy evaluations and the limits that eschewing theory places on inference In this rigorous and well-crafted work, Kenneth Wolpin examines the role of theory in inferential empirical work in economics and the social sciences in general—that is, any research that uses raw data to go beyond the mere statement of fact or the tabulation of statistics. He considers in particular the limits that eschewing the use of theory places on inference. Wolpin finds that the absence of theory in inferential work that addresses microeconomic issues is pervasive. That theory is unnecessary for inference is exemplified by the expression “let the data speak for themselves.” This approach is often called “reduced form.” A more nuanced view is based on the use of experiments or quasi-experiments to draw inferences. Atheoretical approaches stand in contrast to what is known as the structuralist approach, which requires that a researcher specify an explicit model of economic behavior—that is, a theory. Wolpin offers a rigorous examination of both structuralist and nonstructuralist approaches. He first considers ex ante policy evaluation, highlighting the role of theory in the implementation of parametric and nonparametric estimation strategies. He illustrates these strategies with two examples, a wage tax and a school attendance subsidy, and summarizes the results from applications. He then presents a number of examples that illustrate the limits of inference without theory: the effect of unemployment benefits on unemployment duration; the effect of public welfare on women's labor market and demographic outcomes; the effect of school attainment on earnings; and a famous field experiment in education dealing with class size. Placing each example within the context of the broader literature, he contrasts them to recent work that relies on theory for inference.

Book Earning and Learning

    Book Details:
  • Author : Susan E. Mayer
  • Publisher : Brookings Institution Press
  • Release : 2010-12-01
  • ISBN : 081570805X
  • Pages : 378 pages

Download or read book Earning and Learning written by Susan E. Mayer and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Russell Sage Foundation publication Education is one of the largest sectors of the U.S. economy--yet scholars, educators, policymakers, and parents do not agree about what the money spent on education really buys. In particular, they do not agree on how much education improves children's ability to learn or whether the things children learn in school truly improve their chances for success as adults. If schooling increases how much students know and what they know does pay off later, then it is important to ask what schools can do to increase students' learning and earning. The essays in this book report estimates of the effects of learning on earnings and other life outcomes. They also examine whether particular aspects of schooling--such as the age at which children begin school, classroom size, and curriculum--or structural reform--such as national or statewide examinations or school choice--affect learning. Taken together, their findings suggest that liberals are correct in saying that more investment is needed in early education, that class sizes should be further reduced, and that challenging national or state standards should be established. But they also provide support for conservatives who ask for a more demanding curriculum and greater school choice. Contributors include John Bishop, Eric Hanushek, James Heckman, Christopher Jencks, Caroline Minter Hoxby, Fred Mosteller, and Christopher Winship.

Book Advances in Economics and Econometrics

Download or read book Advances in Economics and Econometrics written by Econometric Society. World Congress and published by Cambridge University Press. This book was released on 2003-01-20 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sample Text

Book Education and Postponement of Maternity

Download or read book Education and Postponement of Maternity written by Siv Gustafsson and published by Springer Science & Business Media. This book was released on 2006-09-12 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines economic aspects of the role of women’s education in the postponement of maternity in ten industrialized countries or regions: Sweden, Norway, Italy, Spain, Ireland, the Netherlands and Western Germany, the Czech Republic and Eastern Germany, and the United States. Each is investigated using survey data relating age at motherhood with the investment in education of the mother. The result is a detailed picture of the economics of fertility decisions.

Book Methods in Social Epidemiology

Download or read book Methods in Social Epidemiology written by J. Michael Oakes and published by John Wiley & Sons. This book was released on 2006-05-11 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social epidemiology is the study of how social interactions—social norms, laws, institutions, conventia, social conditions and behavior—affect the health of populations. This practical, comprehensive introduction to methods in social epidemiology is written by experts in the field. It is perfectly timed for the growth in interest among those in public health, community health, preventive medicine, sociology, political science, social work, and other areas of social research. Topics covered are: Introduction: Advancing Methods in Social Epidemiology The History of Methods of Social Epidemilogy to 1965 Indicators of Socioeconomic Position Measuring and Analyzing 'Race' Racism and Racial Discrimination Measuring Poverty Measuring Health Inequalities A Conceptual Framework for Measuring Segregation and its Association with Population Outcomes Measures of Residential Community Contexts Using Census Data to Approximate Neighborhood Effects Community-based Participatory Research: Rationale and Relevance for Social Epidemiology Network Methods in Social Epidemiology Identifying Social Interactions: A Review, Multilevel Studies Experimental Social Epidemiology: Controlled Community Trials Propensity Score Matching Methods for Social Epidemiology Natural Experiments and Instrumental Variable Analyses in Social Epidemiology and Using Causal Diagrams to Understand Common Problems in Social Epidemiology. "Publication of this highly informative textbook clearly reflects the coming of age of many social epidemiology methods, the importance of which rests on their potential contribution to significantly improving the effectiveness of the population-based approach to prevention. This book should be of great interest not only to more advanced epidemiology students but also to epidemiologists in general, particularly those concerned with health policy and the translation of epidemiologic findings into public health practice. The cause of achieving a ‘more complete’ epidemiology envisaged by the editors has been significantly advanced by this excellent textbook." —Moyses Szklo, professor of epidemiology and editor-in-chief, American Journal of Epidemiology, Johns Hopkins University "Social epidemiology is a comparatively new field of inquiry that seeks to describe and explain the social and geographic distribution of health and of the determinants of health. This book considers the major methodological challenges facing this important field. Its chapters, written by experts in a variety of disciplines, are most often authoritative, typically provocative, and often debatable, but always worth reading." —Stephen W. Raudenbush, Lewis-Sebring Distinguished Service Professor, Department of Sociology, University of Chicago "The roadmap for a new generation of social epidemiologists. The publication of this treatise is a significant event in the history of the discipline." —Ichiro Kawachi, professor of social epidemiology, Department of Society, Human Development, and Health, Harvard University "Methods in Social Epidemiology not only illuminates the difficult questions that future generations of social epidemiologists must ask, it also identifies the paths they must boldly travel in the pursuit of answers, if this exciting interdisciplinary science is to realize its full potential. This beautifully edited volume appears at just the right moment to exert a profound influence on the field." —Sherman A. James, Susan B. King Professor of Public Policy Studies, professor of Community and Family Medicine, professor of African-American Studies, Duke University

Book The Palgrave Handbook of Economic Performance Analysis

Download or read book The Palgrave Handbook of Economic Performance Analysis written by Thijs ten Raa and published by Springer Nature. This book was released on 2019-12-13 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook takes an econometric approach to the foundations of economic performance analysis. The focus is on the measurement of efficiency, productivity, growth and performance. These concepts are commonly measured residually and difficult to quantify in practice. In real-life applications, efficiency and productivity estimates are often quite sensitive to the models used in the performance assessment and the methodological approaches adopted by the analysis. The Palgrave Handbook of Performance Analysis discusses the two basic techniques of performance measurement – deterministic benchmarking and stochastic benchmarking – in detail, and addresses the statistical techniques that connect them. All chapters include applications and explore topics ranging from the output/input ratio to productivity indexes and national statistics.

Book Studies on Continuing Vocational Training in Germany

Download or read book Studies on Continuing Vocational Training in Germany written by Anja Kuckulenz and published by Springer Science & Business Media. This book was released on 2007-07-13 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive empirical analysis of continuing vocational training in Germany. Specific issues concerning continuing training that are debated in academia as well as in public are discussed. Wage and productivity effects of training are analysed, explicitly accounting for the heterogeneity of training participants. Additionally, different types of training that vary in the degree of firm specificity are considered. Wage and productivity effects of training are compared to examine how the training rent is shared between employer and employee. Finally, evidence is given on whether positive externalities of continuing training exist.

Book Education and Earnings in Europe

Download or read book Education and Earnings in Europe written by Colm Harmon and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resultat del projecte d'investigació: Public Funding and Private Returns to Education.

Book Handbook of Labor Economics

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern labor economics has continued to grow and develop since the first volumes of this Handbook were published. The subject matter of labor economics continues to have at its core an attempt to systematically find empirical analyses that are consistent with a systematic and parsimonious theoretical understanding of the diverse phenomenon that make up the labor market. As before, many of these analyses are provocative and controversial because they are so directly relevant to both public policy and private decision making. In many ways the modern development in the field of labor economics continues to set the standards for the best work in applied economics.This volume of the Handbook has a notable representation of authors - and topics of importance - from throughout the world.

Book The Pecking Order

Download or read book The Pecking Order written by Dalton Conley and published by Vintage. This book was released on 2009-02-25 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family is our haven, the place where we all start off on equal footing — or so we like to think. But if that’s the case, why do so many siblings often diverge widely in social status, wealth, and education? In this groundbreaking and meticulously researched book, acclaimed sociologist Dalton Conley shatters our notions of how our childhoods affect us, and why we become who we are. Economic and social inequality among adult siblings is not the exception, Conley asserts, but the norm: over half of all inequality is within families, not between them. And it is each family’s own “pecking order” that helps to foster such disparities. Moving beyond traditionally accepted theories such as birth order or genetics to explain family dynamics, Conley instead draws upon three major studies to explore the impact of larger social forces that shape each family and the individuals within it. From Bill and Roger Clinton to the stories of hundreds of average Americans, here we are introduced to an America where class identity is ever changing and where siblings cannot necessarily follow the same paths. This is a book that will forever alter our idea of family.

Book Public Economics in the United States

Download or read book Public Economics in the United States written by Steven Payson and published by Bloomsbury Publishing USA. This book was released on 2014-06-11 with total page 1007 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive explanation of the U.S. government's role in economics will be an eye-opener for anyone who wants to understand exactly what the government does—and doesn't do—in this most critical area. Most people, including many economists, are not aware of the great variety of crucial tasks and invaluable analyses undertaken by government economists. This three-volume set will fill that gap with an all-encompassing overview of the major economics-related work the government performs across all of its agencies and offices. With 45 chapters written by 61 leading experts, the work covers every major topic in government economics, including such diverse areas as monetary policy, defense spending, social assistance, international trade, antitrust, and environmental protection. In addition to entries by those who teach economics, the compendium also features candid observations from government insiders to help readers grasp how things really work. But readers will not only gain insight into specific fields and topics, they will also be able to better understand the big picture and how its pieces fit together. This unique and far-reaching set often challenges conventional wisdom even as it presents a novel synthesis of the government's research, analysis—and actions.

Book New Evidence from a  natural Experiment  Involving Age at School Entry

Download or read book New Evidence from a natural Experiment Involving Age at School Entry written by Jack Bong-Jay Wang and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: