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Heterogeneity, returns to scale, and collective action

✍ Scribed by Alexander Karaivanov


Book ID
109171065
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
307 KB
Volume
42
Category
Article
ISSN
0008-4085

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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