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Author: Fishe, Raymond P. H.
Resulting in 2 citations.
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Fishe, Raymond P. H. Trost, Robert P. Lurie, Phillip M. |
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Labor Force Earnings, and College Choice of Young Women: An Examination of Selectivity Bias and Comparative Advantage Economics of Education Review 1,2 (Spring 1981): 169-191. Also: http://www.sciencedirect.com/science/article/pii/0272775781900431 Cohort(s): Young Women Publisher: Elsevier Keyword(s): Bias Decomposition; Children; College Education; College Graduates; Colleges; Earnings; Educational Returns; I.Q.; Marital Status A generalized approach to selectivity bias is derived and applied to the joint decision of college attendance and labor force participation for young women. The results here indicate that these decisions are strongly correlated. Moreover, the estimated rate of return to college education is found to be very sensitive to this correlation. This fact suggests that ignoring the relationship between these two decisions leads to rate of return estimates that are biased downward for those who attend college and biased upward for those who do not attend college. |
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Bibliography Citation
Fishe, Raymond P. H., Robert P. Trost and Phillip M. Lurie. "Labor Force Earnings, and College Choice of Young Women: An Examination of Selectivity Bias and Comparative Advantage." Economics of Education Review 1,2 (Spring 1981): 169-191.
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| 2. |
Fishe, Raymond P. H. Trost, Robert P. Lurie, Phillip M. |
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Selectivity Bias and Comparative Advantage: A Generalized Approach Presented: San Diego, CA, Western Economics Association Meetings, 1980 Cohort(s): Young Women Publisher: Western Economic Association International Keyword(s): Career Patterns; Earnings; Education Indicators; Research Methodology; Selectivity Bias/Selection Bias The two stage method of multiple decision-making has been generalized and correlation between these decisions has been allowed for. The earnings of young women are studied in this expanded framework and it is found that comparative advantage exists in this NLS data set. In addition, the estimates of the conditional wage equations generally support the argument that these women are making income maximizing choices, which has been an implicit assumption in most of the literature on female labor force participation. |
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Bibliography Citation
Fishe, Raymond P. H., Robert P. Trost and Phillip M. Lurie. "Selectivity Bias and Comparative Advantage: A Generalized Approach." Presented: San Diego, CA, Western Economics Association Meetings, 1980. |