Returns to Education in Europe under Model Uncertainty

Beschreibung

The purpose of this paper is to contribute to the large amount of literature which aims to estimate the private returns to human capital investments by taking into account the uncertainty associated with selecting on single econometric specification. This approach permits us to search for the models which are most supported by the underlying data and additionally to base our inference about the returns to education on all rivaling regression models. Employing the comprehensive EU-SILC dataset enables us to scrutinize if the common results on the magnitude of the return to education in Europe abide after considering model uncertainty.

Zeitraum	18 Mai 2012 → 19 Mai 2012
Ereignistitel	NOeG Annual Conference
Veranstaltungstyp	Keine Angaben
Bekanntheitsgrad	National