Heterogeneity in Marginal Non-monetary Returns to Higher Education

Kamhöfer, D.A., Hendrik Schmitz and Matthias Westphal ()

Health, Econometrics and Data Group (HEDG) Working Papers from HEDG, c/o Department of Economics, University of York

Abstract: In this paper we estimate the effects of college education on cognitive abilities and health exploiting exogenous variation in college availability and student loan regulations. By means of emiparametric local instrumental variables techniques we estimate marginal treatment effects in an environment of essential heterogeneity. The results suggest heterogeneous but always positive effects on cognitive skills and homogeneously positive effects for all health outcomes but mental health, where the effects are around zero throughout. We find that likely mechanisms of positive physical health returns are effects of college education on physically demanding activities on the job and health behavior such as smoking and drinking while mentally more demanding jobs might explain the skill returns.

Keywords: returns to higher education; cognitive abilities; health; marginal treatment effect (search for similar items in EconPapers)
JEL-codes: C31 H52 I12 I21 (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-edu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.york.ac.uk/media/economics/documents/hedg/workingpapers/1524.pdf Main text (application/pdf)

Related works:
Journal Article: Heterogeneity in Marginal Non-Monetary Returns to Higher Education (2019)
Working Paper: Heterogeneity in Marginal Nonmonetary Returns to Higher Education (2015)
Working Paper: Heterogeneity in marginal non-monetary returns to higher education (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:yor:hectdg:15/24

Access Statistics for this paper

More papers in Health, Econometrics and Data Group (HEDG) Working Papers from HEDG, c/o Department of Economics, University of York HEDG/HERC, Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by Jane Rawlings ().