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References for Estimating the return to schooling using the Mincer equation
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Further reading
- Mincer, J. "Investment in human capital and personal income distribution" Journal of Political Economy 66:4 (1958): 281−302.
- Mincer, J. Schooling, Experience and Earnings. New York: National Bureau of Economic Research, 1974.
- Psacharopoulos, G. "Returns to investment in education: A global update" World Development 22:9 (1994): 1325−1343.
- Rosenzweig, M. R. "Why are there returns to schooling?" American Economic Review 85:2 (1995): 153−158.
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Key references
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Psacharopoulos, G., Patrinos, H. A. "Returns to
investment in education: A further update" Education
Economics 12:2 (2004): 111−134. Key reference: [1]
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Oreopoulos, P., Petronijevic, U. Making College
Worth It: A Review of Research on the Returns to Higher
Education NBER Working
Paper No.19053, 2013. Key reference: [2]
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Lemieux, T. "The ‘Mincer
equation’ thirty years after Schooling, Experience, and
Earnings" In: Grossbard, S. (ed). Jacob Mincer: A
Pioneer of Modern Labor Economics. New York: Springer, 2006. Key reference: [3]
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Chiswick, B. R. "Jacob Mincer,
experience and the distribution of earnings" In: Grossbard, S. (ed). Jacob Mincer: A
Pioneer of Modern Labor Economics. New York: Springer, 2006. Key reference: [4]
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Card, D. "The causal effect
of education on earnings" In: Ashenfelter, O., Card, D. (eds). Handbook of Labor
Economics 3A. Amsterdam: Elsevier, 1999. Key reference: [5]
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Polachek, S. W. "Earnings over the
life cycle: The Mincer earnings function and its
applications" Foundations and
Trends in Microeconomics 4:3 (2008): 165−272. Key reference: [6]
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Montenegro, C. E., Patrinos, H. A. Comparable
Estimates of Returns to Schooling around the World World Bank
Policy Research Working
Paper No.7020, 2014. Key reference: [7]
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Clark, D., Martorell, P. "The signaling
value of a high school diploma" Journal of
Political Economy 122:2 (2014): 282−318. Key reference: [8]
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Card, D. "Estimating the
return to schooling: Progress on some persistent econometric
problems" Econometrica 69:5 (2001): 1127−1160. Key reference: [9]
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Heckman, J. J., Lochner, L. J., Todd, P. E. "Earnings
functions, rates of return and treatment effects: The Mincer
equation and beyond" In: Hanushek, E., Welch, F. (eds). Handbook of the
Economics of Education Volume 1. Amsterdam: Elsevier, 2006. Key reference: [10]
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Psacharopoulos, G., Patrinos, H. A. "Returns to
investment in education: A further update" Education
Economics 12:2 (2004): 111−134.
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Additional References
- Angrist, J. D., Keueger, A. B. "Does compulsory school attendance affect schooling and earnings?" Quarterly Journal of Economics 106:4 (1991): 979−1014.
- Arrow, K. J. "Higher education as a filter" Journal of Public Economics 2:3 (1973): 193−216.
- Ashenfelter, O., Krueger, A. "Estimates of the economic return to schooling from a new sample of twins" American Economic Review 84:5 (1994): 1157−1173.
- Ashenfelter, O., Rouse, C. "Income, schooling, and ability: Evidence from a new sample of identical twins" Quarterly Journal of Economics 113:1 (1998): 253−284.
- Avery, C., Turner, S. "Student loans: Do college students borrow too much—Or not enough?" Journal of Economic Perspectives 26:1 (2012): 165−192.
- Banerjee, A. V., Duflo, E. "Growth theory through the lens of development economics" In: Aghion, P., Durlauf, S. (eds). Handbook of Economic Growth 1A. Amsterdam: Elsevier, 2005.
- Becker, G. S. "Investment in human capital: A theoretical analysis" Journal of Political Economy 70:5 (1962): 9−49.
- Becker, G. S. Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education. New York: National Bureau of Economic Research, 1964.
- Becker, G. S. Human Capital and the Personal Distribution of Income. Ann Arbor: University of Michigan, 1967.
- Becker, G. S., Chiswick, B. R. "Education and the distribution of earnings" American Economic Review 56:2 (1966): 358−369.
- Ben-Porath, Y. "The production of human capital and the life cycle of earnings" Journal of Political Economy 75:4 (1967): 352−365.
- Bravo, D., Mukhopadhyay, S., Todd, P. E. "Effects of school reform on education and labor market performance: Evidence from Chile’s universal voucher system" Quantitative Economics 1:1 (2010): 47−95.
- Brown, S., Sessions, J. G. "Signalling and screening" In: Johnes, G., Johnes, J. (eds). International Handbook on the Economics of Education. Cheltenham: Edward Elgar, 2004.
- Cameron, S. V., Taber, C. "Estimation of educational borrowing constraints using returns to schooling" Journal of Political Economy 112:1 (2004): 132−182.
- Carnoy, M. (ed). International Encyclopedia of Economics of Education. Oxford: Pergamon, 1995.
- Chapman, B. "Income contingent loans for higher education: International reforms" In: Hanushek, E., Welch, F. (eds). Handbook of the Economics of Education 2. North-Holland: Elsevier, 2006.
- Chevalier, A., Harmon, C., Walker, I., Zhu, Y. "Does education raise productivity, or just reflect it?" Economic Journal 114:499 (2004): F499−F517.
- Colclough, C., Kingdon, G., Patrinos, H. "The changing pattern of wage returns to education and its implications" Development Policy Review 28:6 (2010): 733−747.
- Devereux, P. J., Hart, R. A. "Forced to be rich? Returns to compulsory schooling in Britain" Economic Journal 120:549 (2010): 1345−1364.
- Dougherty, C. "Why are the returns to schooling higher for women than for men?" Journal of Human Resources 40:4 (2005): 969−988.
- Duflo, E. "Schooling and labor market consequences of school construction in Indonesia: Evidence from an unusual policy experiment" American Economic Review 91:4 (2001): 795−813.
- Freeman, R. B. "Demand for education" In: Ashenfelter, O., Layard, R. (eds). Handbook of Labor Economics 1. Amsterdam: North-Holland, 1987.
- Friedman, M., Kuznets, S. Income from Independent Professions. New York: National Bureau of Economic Research, 1945.
- Godoy, R., Karlan, D., Rabindran, S., Huanca, T. "Do modern forms of human capital matter in primitive economies? Comparative evidence from Bolivia" Economics of Education Review 24:1 (2005): 45−53.
- Harmon, C., Oosterbeek, H., Walker, I. "The returns to education: Microeconomics" Journal of Economic Surveys 17:2 (2003): 115−156.
- Heckman, J. J., Lochner, L. J., Todd, P. E. Fifty Years of Mincer Earnings Regressions NBER Working Paper No.9732, 2003.
- Heckman, J., Polachek, S. "Empirical evidence on the functional form of the earnings-schooling relationship" Journal of the American Statistical Association 69:346 (1974): 350−354.
- Henderson, D. J., Polachek, S. W., Wang, L. "Heterogeneity in schooling rates of return" Economics of Education Review 30:6 (2011): 1202−1214.
- Hungerford, T., Solon, G. "Sheepskin effects in the returns to education" Review of Economics and Statistics 69:1 (1987): 175−177.
- Kugler, A., Kugler, M., Saavedra, J., Prada, L. O. H. Long-term Direct and Spillover Effects of Job Training: Experimental Evidence from Colombia NBER Working Paper No.21607, 2015.
- Lang, K., Kropp, D. "Human capital versus sorting: The effects of compulsory attendance laws" Quarterly Journal of Economics 101:3 (1986): 609−624.
- Layard, R., Psacharopoulos, G. "The screening hypothesis and the returns to education" Journal of Political Economy 82:5 (1974): 985−998.
- Mincer, J. A Study of Personal Income Distribution, 1957.
- Mincer, J. "On-the-job training: Costs, returns, and some implications" Journal of Political Economy 70:5 (1962): 50−79.
- Murphy, K. M., Welch, F. "The structure of wages" Quarterly Journal of Economics 107:1 (1992): 285−326.
- Oreopoulos, P. "Estimating average and local average treatment effects of education when compulsory schooling laws really matter" American Economic Review 96:1 (2006): 152−175.
- Oreopoulos, P., Petronijevic, U. Making College Worth It: A Review of Research on the Returns to Higher Education NBER Working Papers No.19053, 2013.
- Patrinos, H. "Non-linearities in the returns to education: Sheepskin effects or threshold levels of human capital?" Applied Economics Letters 3:3 (1996): 171−173.
- Patrinos, H. A., Sakellariou, C. "Quality of schooling, returns to schooling and the 1981 vouchers reform in Chile" World Development 39:12 (2011): 2245−2256.
- Peet, E. D., Fink, G., Fawzi, W. "Returns to education in developing countries: Evidence from the living standards and measurement study surveys" Economics of Education Review 49 (2015): 69−90.
- Petersen, T. "The earnings function in sociological studies of earnings inequality: Functional form and hours worked" Research in Social Stratification and Mobility 8:22 (1989): 1−250.
- Pischke, J. S., Von Wachter, T. "Zero returns to compulsory schooling in Germany: Evidence and interpretation" Review of Economics and Statistics 90:3 (2008): 592−598.
- Psacharopoulos, G. "Rates of return on investment in education around the world" Comparative Education 16:1 (1972): 54−67.
- Psacharopoulos, G. Returns to Education: An International Comparison. San Francisco: Jossey-Bass, 1973.
- Psacharopoulos, G. "Returns to education: A further international update and implications" Journal of Human Resources 20:4 (1985): 583−604.
- Psacharopoulos, G. "On the weak versus the strong version of the screening hypothesis" Economics Letters 4:2 (1979): 181−185.
- Psacharopoulos, G. "Returns to education: An updated international comparison" Comparative Education 17:3 (1981): 321−341.
- Psacharopoulos, G. "Returns to investment in education: A global update" World Development 22:9 (1994): 1325−1343.
- Psacharopoulos, G., Patrinos, H. A. "Returns to investment in education: A decennial update and review of the literature", 2016.
- Riley, J. G. "Testing the educational screening hypothesis" Journal of Political Economy 87:5 (1979): S227−S252.
- Rosen, S. "Distinguished fellow: Mincering labor economics" Journal of Economic Perspectives 6:2 (1992): 157−170.
- Schultz, T. W. "Investment in human capital" American Economic Review 51:1 (1961): 1−17.
- Schultz, T. W. The Economic Value of Education. New York: Columbia University Press, 1963.
- Smith, A. The Wealth of Nations, fifth edition. London: Methuen, 1904.
- Stiglitz, J. E. "The theory of 'screening,' education, and the distribution of income" American Economic Review 65:3 (1975): 283−300.
- Trostel, P., Walker, I., Woolley, P. "Estimates of the economic return to schooling for 28 countries" Labour Economics 9:1 (2002): 1−16.
- Welch, F. "Black-white differences in returns to schooling" American Economic Review 63:5 (1973): 893−907.