2023
The Effects of Advanced Degrees on the Wage Rates, Hours, Earnings, and Job Satisfaction of Women and Men *
Altonji J, Humphries J, Zhong L. The Effects of Advanced Degrees on the Wage Rates, Hours, Earnings, and Job Satisfaction of Women and Men *. Research In Labor Economics 2023, 50: 25-81. DOI: 10.1108/s0147-912120230000050002.Peer-Reviewed Original ResearchWage rateAverage earningsLower average earningsNet present valueHigher average earningsSmaller economic returnsEffects estimatorEarnings gainsInternal ratePresent valueDescriptive evidenceEarningsEconomic returnsReturnMonetary costSatisfaction gainsGraduate degreeHumanities degreesSubstantial variationOLS
2018
Returns to Education: The Causal Effects of Education on Earnings, Health, and Smoking.
Heckman JJ, Humphries JE, Veramendi G. Returns to Education: The Causal Effects of Education on Earnings, Health, and Smoking. Journal Of Political Economy 2018, 126: s197-s246. PMID: 30344340, PMCID: PMC6190599, DOI: 10.1086/698760.Peer-Reviewed Original ResearchEducational choicesCausal effectDiscrete choice literatureDynamic treatment effectsSubstantial causal effectNon-cognitive skillsTreatment effects literatureChoice literatureAbility biasContinuation valueEffects literatureReturnEducational differentialsChoiceDynamic modelWise choiceEarningsDifferentialEducationLiteratureMiddle groundTreatment effectsHeterogeneityApproachThe Nonmarket Benefits of Education and Ability.
Heckman JJ, Humphries JE, Veramendi G. The Nonmarket Benefits of Education and Ability. Journal Of Human Capital 2018, 12: 282-304. PMID: 29963217, PMCID: PMC6020136, DOI: 10.1086/697535.Peer-Reviewed Original Research