Skip navigation
Please use this identifier to cite or link to this item:
Title: Estimation of Sheepskin Effects and Returns to Schooling Using he Old and the New CPS Measures of Educational Attainment
Authors: Park, Jin Huem
Issue Date: 1-Aug-1994
Citation: Economics Letters, Vol. 50, No. 3, 1996
Series/Report no.: Working Papers (Princeton University. Industrial Relations Section) ; 338
Abstract: This study uses direct information on years of schooling and degree attainment taken from a special Current Population Survey (CPS) to test for sheepskin effects. I find significant earnings gains of approximately 9, 11, and 21 percent for achieving a high school diploma, an associate’s degree, and a bachelor’s degree, respectively. I also use the data to impute a traditional measure of years of schooling (corresponding to the education information on the CPS prior to 1992) from the new CPS question on degrees. The imputation is found to be relatively accurate and to lead to similar estimates of the return to schooling.
Related resource:
Appears in Collections:IRS Working Papers

Files in This Item:
File Description SizeFormat 
338.pdf1.26 MBAdobe PDFView/Download

Items in Dataspace are protected by copyright, with all rights reserved, unless otherwise indicated.