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Heterogeneous reactions to heterogeneity in returns from public goods

✍ Scribed by Fischbacher, Urs; Schudy, Simeon; Teyssier, Sabrina


Book ID
121629307
Publisher
Springer
Year
2013
Tongue
English
Weight
384 KB
Volume
43
Category
Article
ISSN
0176-1714

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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