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Title: The Effects of Educational Choices on Labor Market, Health, and Social Outcomes
Resulting in 1 citation.
1. Heckman, James J.
Humphries, John Eric
Urzua, Sergio
Veramendi, Gregory
The Effects of Educational Choices on Labor Market, Health, and Social Outcomes
Working Paper No. 2011-002, Human Capital and Ecnomic Opportunity Working Group, Economic Research Center, University of Chicago, October 2011
Cohort(s): NLSY79
Publisher: University of Chicago
Keyword(s): Adolescent Behavior; Armed Services Vocational Aptitude Battery (ASVAB); Behavior, Antisocial; Body Mass Index (BMI); CESD (Depression Scale); Cognitive Ability; Divorce; Educational Aspirations/Expectations; Educational Attainment; Health, Mental; Health/Health Status/SF-12 Scale; Labor Market Outcomes; Pearlin Mastery Scale; Rosenberg Self-Esteem Scale (RSES) (see Self-Esteem); School Performance; Welfare

Permission to reprint the abstract has not been received from the publisher.

Using a sequential model of educational choices, we investigate the effect of educational choices on labor market, health, and social outcomes. Unobserved endowments drive the correlations in unobservables across choice and outcome equations. We proxy these endowments with numerous measurements and account for measurement error in the proxies. For each schooling level, we estimate outcomes for labor market, health, and social outcome. This allows us to generate counter-factual outcomes for dynamic choices and a variety of policy and treatment effects. In our framework, responses to treatment vary among observationally identical persons and agents may select into the treatment on the basis of their responses. We find important effects of early cognitive and socio-emotional abilities on schooling choices, labor market outcomes, adult health, and social outcomes. Education at most levels causally produces gains on labor market, health, and social outcomes. We estimate the distribution of responses to education and find substantial heterogeneity on which agents act.
Bibliography Citation
Heckman, James J., John Eric Humphries, Sergio Urzua and Gregory Veramendi. "The Effects of Educational Choices on Labor Market, Health, and Social Outcomes." Working Paper No. 2011-002, Human Capital and Ecnomic Opportunity Working Group, Economic Research Center, University of Chicago, October 2011.