Search Results
Title: Bias Corrected Estimates of GED Returns
Resulting in 1 citation.
| 1. |
Heckman, James J. LaFontaine, Paul A. |
|
Bias Corrected Estimates of GED Returns NBER Working Paper No. 12018, National Bureau of Economic Research, January 2006. Also: http://www.nber.org/papers/w12018 Cohort(s): NLSY79 Publisher: National Bureau of Economic Research (NBER) Keyword(s): Armed Forces Qualifications Test (AFQT); Current Population Survey (CPS) / CPS-Fertility Supplement; Education; GED/General Educational Diploma/General Equivalency Degree/General Educational Development; High School Completion/Graduates; High School Dropouts; Minorities; Nonresponse Using three sources of data, this paper examines the direct economic return to GED certification for both native and immigrant high school dropouts. One data source – the CPS – is plagued by nonresponse and allocation bias from the hot-deck procedure that biases upward the estimated return to the GED. Correcting for allocation bias and ability bias, there is no direct economic return to GED certification. An apparent return to GED certification with age found in the raw CPS data is due to dropouts becoming more skilled over time. These results apply to native born as well as immigrant populations. |
|
|
Bibliography Citation
Heckman, James J. and Paul A. LaFontaine. "Bias Corrected Estimates of GED Returns." NBER Working Paper No. 12018, National Bureau of Economic Research, January 2006. |