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Evaluating the impact of education on earnings in the UK: Models, methjods and results from the NCDS
Blundell, Richard W.; Dearden, Lorraine; Sianesi, Barbara - 2003
Regression, matching, control function and instrumental variables methods for recovering the impact of education on … find an average return of 27% for those completing higher education versus anything less. Compared to stopping at 16 … without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. …
Persistent link: https://www.econbiz.de/10010292932
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Consumption inequality and partial insurance
Blundell, Richard W.; Pistaferri, Luigi; Preston, Ian - 2004
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...
Persistent link: https://www.econbiz.de/10010292960
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Changes in the distribution of male and female wages accounting for employment composition using bounds
Blundell, Richard W.; Gosling, Amanda; Ichimura, Hidehiko; … - 2004
assumptions we find convincing evidence of an increase in inequality within education groups, changes in the return to education …
Persistent link: https://www.econbiz.de/10010293071