Nonlinearity in the Return to Education

This study estimates marginal rates of return to investment in schooling in 12 countries. Significant systematic nonlinearity in the marginal rate of return is found. In particular, the marginal rate of return is increasing significantly at low levels of education, and decreasing significantly at high levels of education. This may help explain why estimates of the return to schooling are often considerably higher when instrumenting for education

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Year of publication:	2005
Authors:	Trostel, Philip Andrew ; CEMA, Universidad del
Publisher:	[S.l.] : SSRN
Subject:	Bildungsertrag \| Returns to education \| Schätzung \| Estimation \| Vergleich \| Comparison \| Welt \| World \| Nichtlineare Regression \| Nonlinear regression
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Applied Economics, Vol. 8, No. 1, pp. 191-202, May 2005 Volltext nicht verfügbar
Classification:	I20 - Education. General ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014062692