Causal returns to education : a survey on empirical evidence for Germany

Flossmann, Anton L.; Pohlmeier, Winfried

Causal returns to education : a survey on empirical evidence for Germany

Dateien

0705_flossmann_pohlmeier.pdf(256.83 KB)

Datum

2007

Autor:innen

Flossmann, Anton L.

Pohlmeier, Winfried

Schriftenreihe

Diskussionspapiere der DFG-Forschergruppe Heterogene Arbeit; 07/05

Publikationstyp

Working Paper/Technical Report

Zusammenfassung

This paper surveys the empirical evidence on causal effects of education on earnings for Germany and compares alternative studies in the light of their underlying identifying assumptions. We work out the different assumptions taken by various studies, which lead to rather different interpretations of the estimated causal effect. In particular, we are interested in the question to what extend causal return estimates are informative regarding educational policy advice.
Despite the substantial methodological differences, we have to conclude that the empirical findings for Germany are quite robust and do not deviate substantially from each other. This also holds for the few studies which rely on ignorability conditions, regardless of whether they use educational attainment as a continuous treatment variable or as a discrete treatment indicator. Own estimates based on the matching approach indicate that the selection into upper secondary schooling is suboptimal.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

returns to education,potential outcome approach,instrumental variables,unconfoundedness,control function approach

Zitieren

ISO 690

FLOSSMANN, Anton L., Winfried POHLMEIER, 2007. Causal returns to education : a survey on empirical evidence for Germany

BibTex

@techreport{Flossmann2007Causa-12087,
  year={2007},
  series={Diskussionspapiere  der DFG-Forschergruppe Heterogene Arbeit},
  title={Causal returns to education : a survey on empirical evidence for Germany},
  number={07/05},
  author={Flossmann, Anton L. and Pohlmeier, Winfried}
}

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Universitätsbibliographie

Ja