The effect of school inputs on labor market returns that account for selective migration |
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| Authors: | Peter McHenry |
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| Institution: | Department of Economics, College of William and Mary, P.O. Box 8795, Williamsburg, VA 23187, United States |
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| Abstract: | In this paper, I estimate the effect of state school inputs on labor market returns to schooling. The method follows Card and Krueger (1992) and Heckman et al. (1996), but I extend their analysis in two ways. First, I correct state-level returns to schooling for selective migration, adapting a method from Dahl (2002). Second, I use more recent data and assess the degree to which the 1999 labor market capitalized school inputs (with 2000 Census data). Higher state-level school inputs are associated with higher returns to schooling after correcting for selective migration. These positive effects are present in all Census years I study. |
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| Keywords: | I21 J31 J61 |
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