The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Estimating the Returns to College Quality with Multiple Proxies for Quality
Abstract
Existing studies of the effects of college quality on wages typically rely on a single proxy variable for college quality. This study questions the wisdom of using a single proxy given that it likely contains substantial measurement error. We consider four econometric approaches to the problem that involve the use of multiple proxies for college quality: factor analysis, instruments variables, a method recently proposed by Lubotsky and Wittenberg, and a GMM estimator. Our estimates suggest that the existing literature understates the wage effects of college quality and illustrate the value of using multiple proxies in this and other similar contexts.
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Citations
Cites
Teachers, Schools, and Academic Achievement
Rivkin, S. G., Hanushek, E. A., & Kain, J. F. (2005) · Econometrica · doi:10.1111/j.1468-0262.2005.00584.x · Cited by 4,501
The effects of cognitive and noncognitive abilities on labor market outcomes and social behavior
Heckman, J. J., Stixrud, J., & Urzua, S. (2006) · Journal of Labor Economics · doi:10.1086/504455 · Cited by 4,427
Dale, S. B., & Krueger, A. B. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302320935089 · Cited by 995
The effect of schooling and ability on achievement test scores
Hansen, K. T., Heckman, J. J., & Mullen, K. J. (2004) · Journal of Econometrics · doi:10.1016/j.jeconom.2003.10.011 · Cited by 366
Cited by
Social and Economic Returns to College Education in the United States
Hout, M. (2012) · Annual Review of Sociology · doi:10.1146/annurev.soc.012809.102503 · Cited by 943
Horizontal Stratification in Postsecondary Education: Forms, Explanations, and Implications
Gerber, T. P., & Cheung, S. Y. (2008) · Annual Review of Sociology · doi:10.1146/annurev.soc.34.040507.134604 · Cited by 511
The Changing Selectivity of American Colleges
Hoxby, C. M. (2009) · Journal of Economic Perspectives · doi:10.1257/jep.23.4.95 · Cited by 423
Student Loans: Do College Students Borrow Too Much—Or Not Enough?
Avery, C., & Turner, S. (2012) · Journal of Economic Perspectives · doi:10.1257/jep.26.1.165 · Cited by 385
Cohodes, S. R., & Goodman, J. S. (2014) · American Economic Journal: Applied Economics · doi:10.1257/app.6.4.251 · Cited by 359
Metadata
- Authors
- Black, D. A., & Smith, J. A.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 2006-07
- Volume
- 24
- Issue
- 3
- Pages
- 701-728
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W2059729140
- Cited by
- 373
- References
- 4
- FWCI
- 21.50
- Type
- journal article
- Language
- en
- Open access
- closed
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- Black, D. A., & Smith, J. A. (2006). Estimating the Returns to College Quality with Multiple Proxies for Quality. Journal of Labor Economics. https://doi.org/10.1086/505067
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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.
