Katerina Kroupova , Tomas Havranek , Zuzana Irsova
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引用次数: 0
Abstract
Educational outcomes have many determinants, but one that most young people can readily control is choosing whether to work while in school. Sixty-nine studies have estimated the effect, but results vary from large negative to positive estimates. We show that the results are systematically driven by context, publication bias, and treatment of endogeneity. Studies neglecting endogeneity suffer from an upward bias, which is almost fully compensated by publication selection in favor of negative estimates. Overall the literature suggests a negative but economically inconsequential mean effect. The effect is more substantive for decisions to drop out. To derive these results we collect 861 previously reported estimates together with 32 variables reflecting estimation context, use recently developed techniques to correct for publication bias, and employ Bayesian model averaging to assign a pattern to the heterogeneity in the literature.
期刊介绍:
Economics of Education Review publishes research on education policy and finance, human capital production and acquisition, and the returns to human capital. We accept empirical, methodological and theoretical contributions, but the main focus of Economics of Education Review is on applied studies that employ micro data and clear identification strategies. Our goal is to publish innovative, cutting-edge research on the economics of education that is of interest to academics, policymakers and the public. Starting with papers submitted March 1, 2014, the review process for articles submitted to the Economics of Education Review will no longer be double blind. Authors are requested to include a title page with authors'' names and affiliation. Reviewers will continue to be anonymous.