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  • 标题:Nonlinearity in the Return to Education
  • 本地全文:下载
  • 作者:Trostel, Philip A.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2005
  • 卷号:36
  • 期号:5
  • 页码:191-202
  • 出版社:Food Distribution Research Society
  • 摘要:This study estimates marginal rates of return to investment in schooling in 12 countries. Significant systematic nonlinearity in the marginal rate of return is found. In particular, the marginal rate of return is increasing significantly at low levels of education, and decreasing significantly at high levels of education. This may help explain why estimates of the return to schooling are often considerably higher when instrumenting for education.
  • 关键词:return to education;nonlinearity;instrumental variables
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