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Author: Turner, Abby Clay
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1. Turner, Abby Clay
Three Essays on the Economics of Education
Ph.D. Dissertation, Department of Economics and Public Policy, Carnegie Mellon University, 2013
Cohort(s): NLSY97
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): College Degree; College Major/Field of Study/Courses; Colleges; Earnings; Geocoded Data; Modeling, OLS

Permission to reprint the abstract has not been received from the publisher.

Utilizing the rich data from the NLSY97 Geocode merged with institutional data from IPEDS, in Chapter 3 I empirically analyze data on individuals with two-year degrees, estimate the average marginal earnings gain from a two-year degree, and compare the effects of degrees across institutional sector and across major area of study using OLS with family background and extensive demographic controls. I find evidence of selection at three levels: selection into college, selection into type of college, and selection into major area of study. Any estimates of labor market returns to these degrees will be biased until future research unravels and models these selection mechanisms and processes. This chapter provides a first look into the differential inputs and outputs of for-profit and public two-year degree programs. I find statistical differences in the marginal earnings gains across institutional sector within major fields of study, suggesting that attending a for-profit does matter when major field of study is taken into account.
Bibliography Citation
Turner, Abby Clay. Three Essays on the Economics of Education. Ph.D. Dissertation, Department of Economics and Public Policy, Carnegie Mellon University, 2013.