TY  - JOUR
AU  - Moffitt,Robert
TI  - Estimating Marginal Returns to Higher Education in the UK
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 13534
PY  - 2007
Y2  - October 2007
UR  - http://www.nber.org/papers/w13534
L1  - http://www.nber.org/papers/w13534.pdf
N1  - Author contact info:
Robert A. Moffitt
Department of Economics
Johns Hopkins University
3400 North Charles Street
Baltimore, MD  21218
Tel: 410/516-7611
Fax: 410/516-7600
E-Mail: moffitt@jhu.edu
AB  - 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.
ER  -