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Cited by 379

The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.

The Demand for and Return to Education When Education Outcomes are Uncertain

Altonji, Joseph G.·1993·Journal of Labor Economics
DOI 10.1086/298317
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Abstract

This article treats education as a sequential choice that is made under uncertainty. A simple model is used to explore the effects of ability, high school preparation, preferences for schooling, the borrowing rate, and ex post payoffs to college on the probability of various post-secondary college outcomes and the ex ante return to starting college. The model motivates an empirical method of accounting for uncertainty about educational outcomes and for nonlinearity in the relationship between years of education and earnings when estimating the expected return to the first year of college.

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Metadata

Authors
Altonji, J. G.
Venue
Journal of Labor Economics
Publisher
University of Chicago Press
Published
1993-01
Volume
11
Issue
1, Part 1
Pages
48-83
ISSN
  • 0734-306X (ISSN-L)
  • 1537-5307
DOI
10.1086/298317
OpenAlex
W1994062802
Cited by
379
References
17
FWCI
5.89
Type
journal article
Language
en
Open access
closed

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Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.