2000字计量经济学论文范文

抱歉，作为，无法为您生成1000字以上的文本范文以下为一份典型的2000字计量经济学论文范文供您参考TheEffectsofEducationonIncome:EvidencefromaNaturalExperimentIntroductionEducationisoftenviewedasakeydeterminantoflong-termeconomicsuccess.Theabilitytoacquireknowledgeandskillsthroughformalschoolingisthoughttohaveapositiveimpactonaperson’searningpotentialleadingtohigherlevelsofincomeandbettereconomicoutcomes.Howeverthecausalrelationshipbetweeneducationandincomeisnotalwaysclearasitisdifficulttoisolatetheeffectsofeducationfromothervariablesthatmayalsoinfluenceincome.Inthispaperweexaminetherelationshipbetweeneducationandincomeusinganapproachknownasanaturalexperiment.Specificallyweanalyzetheimpactofapolicychangethataffectedtheeducationalattainmentofaparticularpopulation.Byexploitingthevariationcreatedbythischangeweareabletoestimatethecausaleffectofeducationonincome.DataandMethodologyWeusedatafromtheNationalLongitudinalSurveyofYouth1979NLSY79anationallyrepresentativesampleofindividualsbornbetween1957and1964intheUnitedStates.TheNLSY79containsinformationonindividuals’educationalattainmentandlabormarketoutcomesincludingmeasuresofincome.OurnaturalexperimentinvolveschangestotheminimumschoolleavingageMSLAlawsintheUnitedStates.Priortothe1980smanystateshadMSLAlawsthatallowedstudentstodropoutofschoolatage16orevenearlier.Beginninginthe1980smanystatesbeganraisingtheMSLAtoage18effectivelyrequiringstudentstostayinschoolfortwoadditionalyears.ThischangewasnotuniformacrossstatesandsomestatesdidnotraisetheirMSLAuntilmuchlater.WeusethisvariationinMSLAlawsasanaturalexperimenttoestimatethecausaleffectofeducationonincome.WecompareindividualswhoweresubjecttothehigherMSLAlawstothosewhowerenotandexaminedifferencesinincomebetweenthetwogroups.ResultsOurresultssuggestthateducationhasapositiveeffectonincome.SpecificallywefindthatindividualswhoweresubjecttothehigherMSLAlawshadhigherlevelsofincomethanthosewhowerenot.Thiseffectisstatisticallysignificantandrobusttoavarietyofdifferentspecificationsandcontrolvariables.Wealsofindthattheeffectofeducationonincomeislargerforwomenthanformen.Thisisconsistentwithpreviousresearchthatsuggeststhateducationhasagreaterimpactontheearningsofwomenthanofmen.Furtheranalysisrevealsthattheeffectofeducationonincomeisgreatestforindividualswhocompletehighschoolandgoontosomepost-secondaryeducationsuchasvocationaltrainingorcommunitycollege.Individualswithacollegedegreeorhigherdonotappeartohavesignificantlyhigherlevelsofincomethanthosewithsomepost-secondaryeducationsuggestingthatthemarginalbenefitofadditionaleducationmaydiminishbeyondacertainpoint.ConclusionOuranalysisprovidesevidencethateducationhasapositiveeffectonincomeasmeasuredbythenaturalexperimentcreatedbychangesinMSLAlaws.Wefindthattheeffectofeducationonincomeissignificantandrobustandthatitisgreaterforwomenthanformen.Ourresultssuggestthatpoliciesaimedatimprovingeducationandincreasingeducationalattainmentmayhaveapositiveimpactoneconomicoutcomesparticularlyforwomenandindividualswithsomepost-secondaryeducation.Furtherresearchcouldexplorethemechanismsbywhicheducationaffectsincomeandcouldhelptoidentifyspecificpolicyinterventionsthataremosteffectiveinimprovingeducationaloutcomesandeconomicwell-being.。