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Title: Identifying the Role of Cognitive Ability in Explaining the Level of and Change in the Return to Schooling
Resulting in 1 citation.
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Heckman, James J. Vytlacil, Edward |
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Identifying the Role of Cognitive Ability in Explaining the Level of and Change in the Return to Schooling Review of Economics and Statistics 83,1 (February 2001): 1-12. Also: http://www.jstor.org/stable/2646685 Cohort(s): NLSY79 Publisher: Harvard University Press Keyword(s): Cognitive Ability; Education; Educational Attainment; School Completion; School Dropouts; Schooling Permission to reprint the abstract has not been received from the publisher. This paper considers two problems that arise in determining the role of cognitive ability in explaining the level of and change in the rate of return to schooling. The first problem is that 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. The second problem is that the structure of panel data makes it difficult to identify main age and time effects or to isolate crucial education-ability-time interactions which are needed to assess the role of ability in explaining the rise in the return to education. |
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Bibliography Citation
Heckman, James J. 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 83,1 (February 2001): 1-12.
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