Identifying the Role of Cognitive Ability in Explaining the Level of and Change in the Return to SchoolingJames Heckman, Edward Vytlacil
NBER Working Paper No. 7820 This paper considers two problems that arise in determining the role of ability in explaining the level of and change in the rate of return to schooling. (1) Ability and schooling are so strongly dependent that it is not possible, over a wide range of variation in schooling and ability, to independently vary these two variables and estimate their separate impacts. (2) The structure of panel data makes it difficult to identify main age and time effects or to isolate crucial education-ability-time interactions needed to assess the role of ability in explaining the rise in the return to education.
Machine-readable bibliographic record - MARC, RIS, BibTeX Document Object Identifier (DOI): 10.3386/w7820 Published: Heckman, James and Edward Vytlacil. "Identifying The Role Of Cognitive Ability In Explaining The Level Of And Change In The Return To Schooling," Review of Economics and Statistics, 2001, v83(1,Feb), 1-12. citation courtesy of Users who downloaded this paper also downloaded* these:
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