Konferenzbeitrag

Estimating Heterogeneous Returns to Education in Germany via Conditional Second Moments

In this paper I investigate the causal returns to education for different educational groups in Germany. I circumvent potential drawbacks of IV by employing a new method by Klein and Vella (2010). In this approach identification is not based on instruments but on the presence of heteroskedasticity. Using data from the German Socio-Economic Panel Study (SOEP) I find that the causal return to education is 8.5% for the entire sample, 2% for graduates from the basic school track and 11% for graduates from a higher school track. Across these groups the endogeneity bias in simple OLS regressions varies significantly. This confirms recent evidence in the literature on Germany. Various robustness checks support my findings.

Language: Englisch

Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Education and Crime ; No. A19-V2

Classification: Wirtschaft
Multiple or Simultaneous Equation Models; Multiple Variables: General
Analysis of Education
Wage Level and Structure; Wage Differentials

Event: Geistige Schöpfung

(who): Saniter, Nils

Event: Veröffentlichung

(when): 2012

Handle: http://hdl.handle.net/10419/62050

Last update: 10.03.2025, 11:45 AM CET

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Konferenzbeitrag

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Saniter, Nils

Time of origin

2012

Other Objects (12)

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Arbeitspapier

Estimating average partial effects under conditional moment independence assumptions

Arbeitspapier

Constrained conditional moment restriction models

Arbeitspapier

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Bildband

Moments never return

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Arbeitspapier

Estimating average partial effects under conditional moment independence assumptions

Arbeitspapier

Constrained conditional moment restriction models

Arbeitspapier

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Bildband

Moments never return

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Arbeitspapier

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Arbeitspapier

Estimating average partial effects under conditional moment independence assumptions

Arbeitspapier

Constrained conditional moment restriction models

Arbeitspapier

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Bildband

Moments never return

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Estimating Heterogeneous Returns to Education in Germany via Conditional Second Moments

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Other Objects (12)

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating average partial effects under conditional moment independence assumptions

Constrained conditional moment restriction models

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Moments never return

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating average partial effects under conditional moment independence assumptions

Constrained conditional moment restriction models

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Moments never return

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating the return to endogenous schooling decisions for Australian workers via conditional second moments

Estimating average partial effects under conditional moment independence assumptions

Constrained conditional moment restriction models

Constrained conditional moment restriction models

On Testing Conditional Moment Restrictions

Moments never return

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