A Review of Estimates of the Schooling/Earnings Relationship, with Tests for Publication Bias / Orley Ashenfelter, Colm Harmon, Hessel Oosterbeek.

Format:

Book

Author/Creator:

Ashenfelter, Orley.

Contributor:

National Bureau of Economic Research.

Harmon, Colm.

Oosterbeek, Hessel.

Series:

Working Paper Series (National Bureau of Economic Research) no. w7457.

NBER working paper series no. w7457

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2000.

Summary:

In this paper we provide an analytical review of previous estimates of the rate of return on schooling investments and measure how these estimates vary by country, over time, and by estimation method. We find evidence reporting (or file drawer') bias in the estimates and, after due account is taken of this bias, we find that differences due to estimation method are much smaller than is sometimes reported, although some are statistically significant. We also find that estimated returns are higher in the U.S. and they have increased in the last two decades.

Notes:

Print version record

January 2000.