Photo from wikipedia
ABSTRACT Using micro-data from the Manpower Utilization Survey 1995–2015 of Taiwan, this paper exploits exogenous variation in years of schooling caused by the 9-year compulsory education reform to estimate the… Click to show full abstract
ABSTRACT Using micro-data from the Manpower Utilization Survey 1995–2015 of Taiwan, this paper exploits exogenous variation in years of schooling caused by the 9-year compulsory education reform to estimate the economic returns to schooling. The results of fuzzy regression discontinuity design indicate that the causal effect of education on wage is approximately 5.6%, smaller than the corresponding ordinary least squares estimates. Our results are robust to various specifications and placebo tests.
Keywords:
discontinuity design;
returns schooling;
regression discontinuity
Journal Title: Applied Economics Letters
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!
Journal Title: Applied Economics Letters
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!