Heckman, James J.; Lochner, Lance; Todd, Petra - 2021
rates of return to schooling and of accounting for taxes, tuition, nonlinearity in schooling, and nonseparability between … schooling and work experience. Inferences about trends in rates of return to high school and college obtained from our more … differences also arise between cohort-based and cross-sectional estimates of the rate of return to schooling. In the recent period …