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This paper relaxes the assumption of homogeneous rates of return to schooling by employing nonparametric kernel regression. This approach allows us to examine the differences in rates of return to education both across and within groups. Similar to previous studies we find that on average blacks...
Persistent link: https://www.econbiz.de/10013126142
Persistent link: https://www.econbiz.de/10009491336
This paper relaxes the assumption of homogeneous rates of return to schooling by employing nonparametric kernel regression. This approach allows us to examine the differences in rates of return to education both across and within groups. Similar to previous studies we find that on average blacks...
Persistent link: https://www.econbiz.de/10009248170
Persistent link: https://www.econbiz.de/10008667541
Persistent link: https://www.econbiz.de/10003856367
This paper uses nonparametric kernel methods to construct observation-specific elasticities of substitution for a balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise shows some support for capital-skill complementarity,...
Persistent link: https://www.econbiz.de/10003782486
Persistent link: https://www.econbiz.de/10003495442
Persistent link: https://www.econbiz.de/10003035733
In this paper nonparametric techniques are used to estimate higher-order moments of technical efficiency. The procedures developed in this paper allow the moments to be estimated with relative ease, while at the same not requiring restrictive assumptions on the distribution of inefficiency. The...
Persistent link: https://www.econbiz.de/10014049970
In this paper, we employ a partially linear nonparametric additive regression estimator, with recent U.S. Current Population Survey data, to analyze returns to schooling. Similar to previous research, we find that blacks and Hispanics have higher rates of return on average. However, for married...
Persistent link: https://www.econbiz.de/10013039569