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Heterogeneity in schooling rates of return

โœ Scribed by Daniel J. Henderson; Solomon W. Polachek; Le Wang


Book ID
116420609
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
397 KB
Volume
30
Category
Article
ISSN
0272-7757

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## Abstract Using data from the National Longitudinal Survey of Youth (NLSY) we introduce and estimate various Bayesian hierarchical models that investigate the nature of unobserved heterogeneity in returns to schooling. We consider a variety of possible forms for the heterogeneity, some motivated