EconStor >
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin >
SOEPpapers on Multidisciplinary Panel Data Research, DIW >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/60189
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorSaniter, Nilsen_US
dc.date.accessioned2012-07-25en_US
dc.date.accessioned2012-07-25T15:20:24Z-
dc.date.available2012-07-25T15:20:24Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/60189-
dc.description.abstractIn this paper I investigate the causal returns to education for different educational groups in Germany by employing a new method by Klein and Vella (2010) that bases identification on the presence of conditional heteroskedasticity. Compared to IV methods, key advantages of this approach are unbiased estimates in the absence of instruments and parameter interpretation that is not bounded to local average treatment effects. Using data from the German Socio-Economic Panel Study (SOEP) I find that the causal return to education is 8.5% for the entire sample, 2.3% for graduates from the basic school track and 11% for graduates from a higher school track. Across these groups the endogeneity bias in simple OLS regressions varies significantly. This confirms recent evidence in the literature on Germany. Various robustness checks support the findings.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesSOEPpapers on multidisciplinary panel data research 458en_US
dc.subject.jelC3en_US
dc.subject.jelI21en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordreturn to educationen_US
dc.subject.keywordwage equationen_US
dc.subject.keywordcontrol function approachen_US
dc.subject.keywordsecond moment exclusion restrictionen_US
dc.titleEstimating heterogeneous returns to education in Germany via conditional heteroskedasticityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn720089174en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SOEPpapers on Multidisciplinary Panel Data Research, DIW
Publikationen von Forscherinnen und Forschern des DIW

Files in This Item:
File Description SizeFormat
720089174.pdf656.2 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.