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Marginal College Wage Premiums Under Selection Into Employment

Matthias Westphal (), Daniel A Kamhöfer and Hendrik Schmitz

The Economic Journal, 2022, vol. 132, issue 646, 2231-2272

Abstract: We identify female long-term wage returns to college education using the educational expansion between 1960–90 in West Germany as exogenous variation for college enrolment. We estimate marginal treatment effects and propose a simple partial identification technique accounting for women selecting into employment due to having a college education. College-educated women are, on average, more than 18 percentage points more likely to be employed due to having a college education than those without college education. Taking this into account, we bound wage returns to 5.7%–13.9% per year of education completed (average treatment effects on the treated).

Date: 2022
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Citations: View citations in EconPapers (5)

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Working Paper: Marginal College Wage Premiums under Selection into Employment (2020) Downloads
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Working Paper: Marginal college wage premiums under selection into employment (2020) Downloads
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