The Estimation of Wage Gains and Welfare Gains in Self-Selection Models

We modify the basic self-selection model for the effects of education, training, unions, and other activities on wages, by including "heterogeneity of rewards" to the activity--i.e., differences across individuals in the rate of return to the activity. We show that such heterogeneity creates a new f... Ausführliche Beschreibung

1. Person: Björklund, Anders
Weitere Personen: Moffitt, Robert verfasserin
Quelle: in The review of economics and statistics Vol. 69, No. 1 (1987), p. 42-49
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Format: Online-Artikel
Sprache: English
Veröffentlicht: 1987
Beschreibung: Online-Ressource
Schlagworte: research-article
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Anmerkung: Copyright: Copyright 1987 The President and Fellows of Harvard College
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520 |a We modify the basic self-selection model for the effects of education, training, unions, and other activities on wages, by including "heterogeneity of rewards" to the activity--i.e., differences across individuals in the rate of return to the activity. We show that such heterogeneity creates a new form of selection bias. We provide tests for its presence and we draw out its implications for the wage and welfare gains to the activity. An empirical application provides strong support for such heterogeneity in one particular training program. 
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773 0 8 |i in  |t The review of economics and statistics  |d Cambridge, Mass : MIT Press  |g Vol. 69, No. 1 (1987), p. 42-49  |q 69:1<42-49  |w (DE-601)JST074093436  |x 1530-9142 
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