메뉴 건너뛰기




Volumn 17, Issue 2, 2003, Pages 115-156

The returns to education: Microeconomics

Author keywords

Endogeneity; Human capital; Returns to education; Signalling

Indexed keywords

DECISION MAKING; HUMAN CAPITAL; INVESTMENT; MICROECONOMICS; RETURNS TO EDUCATION; THEORETICAL STUDY;

EID: 0037389878     PISSN: 09500804     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-6419.00191     Document Type: Article
Times cited : (303)

References (73)
  • 1
    • 0001055752 scopus 로고
    • Does compulsory school attendance affect schooling and earnings
    • Angrist, J. and Krueger, A. B. (1991) Does Compulsory School Attendance Affect Schooling and Earnings. Quarterly Journal of Economics, 106, 979-1014.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 979-1014
    • Angrist, J.1    Krueger, A.B.2
  • 3
    • 0002374927 scopus 로고
    • Over-Identification tests in earnings functions with fixed effects
    • Angrist, J. and Newey, W. (1991) Over-Identification Tests in Earnings Functions with Fixed Effects. Journal of Business and Economic Statistics, 9, 317-323.
    • (1991) Journal of Business and Economic Statistics , vol.9 , pp. 317-323
    • Angrist, J.1    Newey, W.2
  • 4
    • 0000052671 scopus 로고
    • Estimates of the economic return to schooling for a new sample of twins
    • Ashenfelter, O. and Krueger, A. (1994) Estimates of the Economic Return to Schooling for a New Sample of Twins. American Economic Review, 84, 1157-1173.
    • (1994) American Economic Review , vol.84 , pp. 1157-1173
    • Ashenfelter, O.1    Krueger, A.2
  • 5
    • 0039758339 scopus 로고    scopus 로고
    • Income, schooling, and ability: Evidence from a new sample of identical twins
    • Ashenfelter, O. and Rouse, C. (1998) Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins. Quarterly Journal of Economics, 113, 253-284.
    • (1998) Quarterly Journal of Economics , vol.113 , pp. 253-284
    • Ashenfelter, O.1    Rouse, C.2
  • 6
    • 0031416363 scopus 로고    scopus 로고
    • Estimates of the return to schooling from sibling data: Fathers, sons and brothers
    • Ashenfelter, O. and Zimmerman, D. (1997) Estimates of the Return to Schooling from Sibling Data: Fathers, Sons and Brothers. Review of Economics and Statistics, 79, 1-9.
    • (1997) Review of Economics and Statistics , vol.79 , pp. 1-9
    • Ashenfelter, O.1    Zimmerman, D.2
  • 7
    • 0033228683 scopus 로고    scopus 로고
    • A review of estimates of the schooling/earnings relationship with a test for publication bias
    • Ashenfelter, O., Harmon, C. and Oosterbeek, H. (1999) A Review of Estimates of the Schooling/Earnings Relationship with a Test for Publication Bias. Labour Economics, 6, 453-470.
    • (1999) Labour Economics , vol.6 , pp. 453-470
    • Ashenfelter, O.1    Harmon, C.2    Oosterbeek, H.3
  • 9
    • 0012955264 scopus 로고    scopus 로고
    • Estimating the return to investments in education: How useful is the standard mincer equation?
    • forthcoming
    • Bjorklund, A. and Kjellstrom, C. (2000) Estimating the Return to Investments in Education: How Useful is the Standard Mincer Equation? Economics of Education Review, forthcoming.
    • (2000) Economics of Education Review
    • Bjorklund, A.1    Kjellstrom, C.2
  • 13
    • 0003242775 scopus 로고    scopus 로고
    • The economic analysis of immigration
    • O. Ashenfelter and D. Card (eds), Amsterdam and New York: North Holland
    • Borjas, G. (1999) The Economic Analysis of Immigration. In O. Ashenfelter and D. Card (eds), Handbook of Labor Economics. Amsterdam and New York: North Holland.
    • (1999) Handbook of Labor Economics
    • Borjas, G.1
  • 14
    • 84871768280 scopus 로고
    • Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variables is weak
    • Bound, J., Jaeger, D. and Baker, R. (1995) Problems with Instrumental Variables Estimation when the Correlation Between the Instruments and the Endogenous Explanatory Variables is Weak, Journal of the American Statistical Association, 90, 443-450.
    • (1995) Journal of the American Statistical Association , vol.90 , pp. 443-450
    • Bound, J.1    Jaeger, D.2    Baker, R.3
  • 16
    • 0012908450 scopus 로고    scopus 로고
    • Double trouble: On the value of twins-based estimation of the return to schooling
    • Bound, J. and Solon, G. (1999) Double Trouble: On the Value of Twins-Based Estimation of the Return to Schooling. Economics of Education Review, 18, 481-500.
    • (1999) Economics of Education Review , vol.18 , pp. 481-500
    • Bound, J.1    Solon, G.2
  • 17
    • 0031774106 scopus 로고    scopus 로고
    • Education, employment status and earnings: A comparative test of the strong screening hypothesis
    • Brown, S. and Sessions, J. (1998) Education, Employment Status and Earnings: A Comparative Test of the Strong Screening Hypothesis. Scottish Journal of Political Economy, 45, 586-591.
    • (1998) Scottish Journal of Political Economy , vol.45 , pp. 586-591
    • Brown, S.1    Sessions, J.2
  • 18
    • 0000338621 scopus 로고
    • Changes in the U.S. wage structure 1963-1987: Application of quantile regression
    • Buchinsky, M. (1994) Changes in the U.S. Wage Structure 1963-1987: Application of Quantile Regression. Econometrica, 62, 405-458.
    • (1994) Econometrica , vol.62 , pp. 405-458
    • Buchinsky, M.1
  • 19
    • 21844489948 scopus 로고
    • The effect of sibling composition on women's education and earnings
    • Butcher, K. and Case, A. (1994) The Effect of Sibling Composition on Women's Education and Earnings. Quarterly Journal of Economics, 109, 531-563.
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 531-563
    • Butcher, K.1    Case, A.2
  • 20
    • 0001783484 scopus 로고
    • Earnings, schooling, and ability revisited
    • S. Polacheck (ed.), Greenwich: JAI Press
    • Card, D. (1995) Earnings, Schooling, and Ability Revisited. In S. Polacheck (ed.), Research in Labor Economics, Vol. 14. Greenwich: JAI Press.
    • (1995) Research in Labor Economics , vol.14
    • Card, D.1
  • 21
    • 0012903123 scopus 로고    scopus 로고
    • Education and earnings
    • O. Ashenfelter and D. Card (eds), Amsterdam and New York: North Holland
    • Card, D. (1999) Education and Earnings. In O. Ashenfelter and D. Card (eds), Handbook of Labor Economics. Amsterdam and New York: North Holland.
    • (1999) Handbook of Labor Economics
    • Card, D.1
  • 22
    • 0012906350 scopus 로고    scopus 로고
    • Labor market effects of school quality: Theory and evidence
    • G. Burtless (ed.), Washington, D.C.: Brookings Institution Press
    • Card, D. and Krueger, A. (1996) Labor Market Effects of School Quality: Theory and Evidence. In G. Burtless (ed.), Does Money Matter? Washington, D.C.: Brookings Institution Press.
    • (1996) Does Money Matter?
    • Card, D.1    Krueger, A.2
  • 30
    • 0034002751 scopus 로고    scopus 로고
    • The incidence and effects of overeducation in the UK graduate labour market
    • Dolton, P. and Vignoles, A. (2000) The Incidence and Effects of Overeducation in the UK Graduate Labour Market. Economics of Education Review, 19, 179-198.
    • (2000) Economics of Education Review , vol.19 , pp. 179-198
    • Dolton, P.1    Vignoles, A.2
  • 33
    • 0002617012 scopus 로고
    • Estimating the returns to schooling: Some econometric problems
    • Griliches, Z. (1977) Estimating the Returns to Schooling: Some Econometric Problems. Econometrica, 45, 1-22.
    • (1977) Econometrica , vol.45 , pp. 1-22
    • Griliches, Z.1
  • 34
    • 0003035909 scopus 로고
    • Sibling models and data in economics: Beginnings of a survey
    • Griliches, Z. (1979) Sibling Models and Data in Economics: Beginnings of a Survey. Journal of Political Economy, 87, S37-S64.
    • (1979) Journal of Political Economy , vol.87
    • Griliches, Z.1
  • 36
    • 0032351203 scopus 로고    scopus 로고
    • Beauty, productivity and discrimination: Lawyers' looks and lucre
    • Hamermesh, D. and Biddle, J. (1998) Beauty, Productivity and Discrimination: Lawyers' Looks and Lucre. Journal of Labor Economics, 16, 172-201.
    • (1998) Journal of Labor Economics , vol.16 , pp. 172-201
    • Hamermesh, D.1    Biddle, J.2
  • 37
    • 0001374637 scopus 로고
    • Estimates of the economic return to schooling for the United Kingdom
    • Harmon, C. and Walker, I. (1995) Estimates of the Economic Return to Schooling for the United Kingdom. American Economic Review, 85, 1278-1286.
    • (1995) American Economic Review , vol.85 , pp. 1278-1286
    • Harmon, C.1    Walker, I.2
  • 38
    • 0032779590 scopus 로고    scopus 로고
    • The marginal and average return to schooling in the UK
    • Harmon, C. and Walker, I. (1999) The Marginal and Average Return to Schooling in the UK. European Economic Review, 43, 879-887.
    • (1999) European Economic Review , vol.43 , pp. 879-887
    • Harmon, C.1    Walker, I.2
  • 39
    • 0034057689 scopus 로고    scopus 로고
    • Returns to the quantity and quality of education: Evidence for men in England and Wales
    • Harmon, C. and Walker, I. (2000) Returns to the Quantity and Quality of Education: Evidence for Men in England and Wales. Economica, 67, 19-35.
    • (2000) Economica , vol.67 , pp. 19-35
    • Harmon, C.1    Walker, I.2
  • 40
    • 0004117128 scopus 로고    scopus 로고
    • Introduction
    • C. Harmon, I. Walker and N. Westergaard-Nielsen (eds), Aldershot: Edward Elgar
    • Harmon, C. and Walker, I. and Westergaard-Nielsen, N. (2001) Introduction. In C. Harmon, I. Walker and N. Westergaard-Nielsen (eds), Education and Earnings in Europe. Aldershot: Edward Elgar.
    • (2001) Education and Earnings in Europe
    • Harmon, C.1    Walker, I.2    Westergaard-Nielsen, N.3
  • 41
    • 0001097675 scopus 로고
    • Varieties of selection bias
    • Papers and Proceedings
    • Heckman, J. (1990) Varieties of Selection Bias. American Economic Review (Papers and Proceedings) 80, 313-328.
    • (1990) American Economic Review , vol.80 , pp. 313-328
    • Heckman, J.1
  • 42
    • 0002166275 scopus 로고    scopus 로고
    • Human capital formation and general equilibrium effects: A study of tax and tuition policy
    • Heckman, J. Lochner, L. and Taber, C. (1999) Human Capital Formation and General Equilibrium Effects: A Study of Tax and Tuition Policy. Fiscal Studies, 20, 25-40.
    • (1999) Fiscal Studies , vol.20 , pp. 25-40
    • Heckman, J.1    Lochner, L.2    Taber, C.3
  • 44
    • 84918415133 scopus 로고
    • Empirical evidence on the functional form of the earnings-schooling relationship
    • Heckman, J. and Polachek, S. (1974) Empirical Evidence on the Functional Form of the Earnings-Schooling Relationship. Journal of the American Statistical Association, 69, 350-354.
    • (1974) Journal of the American Statistical Association , vol.69 , pp. 350-354
    • Heckman, J.1    Polachek, S.2
  • 47
    • 0001566850 scopus 로고
    • Identification and estimation of local average treatment effects
    • Imbens, G. W. and Angrist, J. D. (1994) Identification and Estimation of Local Average Treatment Effects. Econometrica, 62, 467-475.
    • (1994) Econometrica , vol.62 , pp. 467-475
    • Imbens, G.W.1    Angrist, J.D.2
  • 48
    • 0033226999 scopus 로고    scopus 로고
    • Estimates of the return to schooling in Sweden from a large sample of twins
    • Isacsson, G. (1999) Estimates of the Return to Schooling in Sweden From a Large Sample Of Twins, Labour Economics, 6(4), 471-489.
    • (1999) Labour Economics , vol.6 , Issue.4 , pp. 471-489
    • Isacsson, G.1
  • 54
    • 0003033980 scopus 로고
    • What do twins studies reveal about the economic return to education? A comparison of Australian and US findings
    • Miller P., Mulvey, C. and Martin, N. (1995) What do Twins Studies Reveal about the Economic Return to Education? A Comparison of Australian and US Findings. American Economic Review, 85, 586-599.
    • (1995) American Economic Review , vol.85 , pp. 586-599
    • Miller, P.1    Mulvey, C.2    Martin, N.3
  • 57
  • 58
    • 0030306172 scopus 로고    scopus 로고
    • Measuring education over time
    • Park, J. H. (1996) Measuring Education Over Time, Economics Letters, 60, 425-428.
    • (1996) Economics Letters , vol.60 , pp. 425-428
    • Park, J.H.1
  • 59
    • 0036019662 scopus 로고    scopus 로고
    • Is there a return - Risk link in education?
    • Pereira, P. and Silva-Martins, P. (2002) Is There a Return - Risk Link in Education? Economics Letters, 75(2), 31-37.
    • (2002) Economics Letters , vol.75 , Issue.2 , pp. 31-37
    • Pereira, P.1    Silva-Martins, P.2
  • 62
    • 84926274565 scopus 로고
    • Education and private versus public sector pay
    • Psacharopoulos, G. (1983) Education and Private Versus Public Sector Pay. Labour and Society, 8, 123-134.
    • (1983) Labour and Society , vol.8 , pp. 123-134
    • Psacharopoulos, G.1
  • 63
    • 0028582326 scopus 로고
    • Returns to investment in education: A global update
    • Psacharopoulos, G. (1994) Returns to Investment in Education: A Global Update. World Development, 22, 1325-1343.
    • (1994) World Development , vol.22 , pp. 1325-1343
    • Psacharopoulos, G.1
  • 64
    • 0012956494 scopus 로고
    • Human capital and earnings: British evidence and a critique
    • Psacharopoulos, G. and Layard, R. (1979) Human Capital and Earnings: British Evidence and a Critique. The Review of Economic Studies, 46, 485-503.
    • (1979) The Review of Economic Studies , vol.46 , pp. 485-503
    • Psacharopoulos, G.1    Layard, R.2
  • 65
    • 0000486899 scopus 로고    scopus 로고
    • Silver signal - Twenty five years of screening and signalling
    • Riley, J. G. (2001) Silver Signal - Twenty Five Years of Screening and Signalling. Journal of Economic Literature, 39, 432-478.
    • (2001) Journal of Economic Literature , vol.39 , pp. 432-478
    • Riley, J.G.1
  • 67
    • 0000673435 scopus 로고    scopus 로고
    • Further estimates of the economic return to schooling from a new sample of twins
    • Rouse, C.E. (1999) Further Estimates of the Economic Return to Schooling from a New Sample of Twins. Economics of Education Review, 18, 149-157.
    • (1999) Economics of Education Review , vol.18 , pp. 149-157
    • Rouse, C.E.1
  • 68
    • 0001350683 scopus 로고
    • Characterizing the estimation of parameters in incomplete-data problems
    • Rubin, D. (1974) Characterizing the Estimation of Parameters in Incomplete-Data Problems. Journal of the American Statistical Association, 69, 467-474.
    • (1974) Journal of the American Statistical Association , vol.69 , pp. 467-474
    • Rubin, D.1
  • 69
    • 0013009739 scopus 로고    scopus 로고
    • The returns to education - A review of the macroeconomic literature
    • this issue
    • Sianesi, B. and Van Reenen, J. (2002) The Returns to Education - A Review of the Macroeconomic Literature. Journal of Economic Survey, this issue.
    • (2002) Journal of Economic Survey
    • Sianesi, B.1    Van Reenen, J.2
  • 71
    • 0036221646 scopus 로고    scopus 로고
    • Estimates of the economic return to schooling in 28 countries
    • forthcoming
    • Trostel, P., Walker, I. and Wooley, P. (2002) Estimates of the Economic Return to Schooling in 28 Countries, Labour Economics, forthcoming.
    • (2002) Labour Economics
    • Trostel, P.1    Walker, I.2    Wooley, P.3
  • 72
    • 0033228632 scopus 로고    scopus 로고
    • Returns to education in Finland
    • Uusilato, R. (1999) Returns to Education in Finland. Labour Economics, 6, 569-580.
    • (1999) Labour Economics , vol.6 , pp. 569-580
    • Uusilato, R.1
  • 73
    • 0344847593 scopus 로고
    • Wage determinants: A survey and reinterpretation of human capital earnings functions
    • O. Ashenfelter and R. Layard (eds), Amsterdam and New York: North Holland
    • Willis, R. (1986) Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions. In O. Ashenfelter and R. Layard (eds), Handbook of Labor Economics. Amsterdam and New York: North Holland.
    • (1986) Handbook of Labor Economics
    • Willis, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.