Showing 1 - 7 of 7
Income contingent loans are an increasingly popular tool for funding higher education. These loans have desirable features, but also potentially high overall government write-offs in the long run. This latter fact has been well documented, but little is known about how those write-offs vary by...
Persistent link: https://www.econbiz.de/10012028688
In panel experiments, we randomly assign units to different interventions, measuring their outcomes, and repeating the procedure in several periods. Using the potential outcomes framework, we define finite population dynamic causal effects that capture the relative effectiveness of alternative...
Persistent link: https://www.econbiz.de/10013189770
In the past fifteen years computational statistics has been enriched by a powerful, somewhat abstract method of generating variates from a target probability distribution that is based on Markov chains whose stationary distribution is the probability distribution of interest. This class of...
Persistent link: https://www.econbiz.de/10010296418
In this paper we reevaluate the returns to education based on the increase in the compulsory schooling age from 14 to 15 in the UK in 1947. We provide a Bayesian fuzzy regression discontinuity approach to infer the effect on earnings for a subset of subjects who turned 14 in a narrow window...
Persistent link: https://www.econbiz.de/10010278476
In this paper we replace the Gaussian errors in the standard Gaussian, linear state space model with stochastic volatility processes. This is called a GSSF-SV model. We show that conventional MCMC algorithms for this type of model are ineffective, but that this problem can be removed by...
Persistent link: https://www.econbiz.de/10010325429
This paper uses tax and student loan administrative data to measure how the earnings of English graduates around 10 years into the labour market vary with gender, institution attended subject and socioeconomic background. The English system is competitive to enter, with some universities...
Persistent link: https://www.econbiz.de/10011786820
This paper compares survey based labour earnings data for English graduates, taken from the UK's Labour Force Survey (LFS), with the UK Government administrative sources of official individual level earnings data. This type of administrative data has few sample selection issues, is substantially...
Persistent link: https://www.econbiz.de/10011526736