Estimating marginal returns to higher education in the UK
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Author
Contributions
- National Bureau of Economic Research. - Contributor
Publication
2007 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts
Language
English
Word Count
6,250 words, Guess
Page Count
25 pages
Identifiers
- OCLC Control Number181655091
- Open LibraryOL17635957M
Description
A long-standing issue in the literature on education is whether marginal returns to education fall as education rises. If the population differs in its rate of return, a closely related question is whether marginal returns to higher education fall as a greater fraction of the population enrolls. This paper proposes a nonparametric method of estimating marginal treatment effects in heterogeneous populations, and applies it to this question, examining returns to higher education in the UK. The results indicate that marginal returns to higher education fall as the proportion of the population with higher education rises, consistent with the Becker Woytinsky Lecture hypothesis.
Subjects
Series Statement
- NBER working paper series -- no. 13534.
- Working paper series (National Bureau of Economic Research) -- working paper no. 13534.
Links
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- Estimating marginal returns to higher education in the UK
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