Education and wages: a sensitivity analysis

Authors

DOI:

https://doi.org/10.52292/j.estudecon.2022.2756

Keywords:

Sensitivity analysis, Quantiles, Treatment effects, Inequality, Education, Wages

Abstract

This paper proposes a sensitivity analysis to analyze the relationship between education and wages. For different policies that increase the proportion of university graduates, we derive bounds for the quantiles of the counterfactual distribution of wages. We then use these bounds to quantify the robustness of various conclusions of interest. Our empirical analysis suggests that an education policy targeting individuals in the lower quantiles of the wage distribution can contribute to reducing inequality even in the presence of considerable selection bias.

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References

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Published

2022-01-05

How to Cite

Martínez Iriarte, J. (2022). Education and wages: a sensitivity analysis. Estudios económicos, 39(78), 5–31. https://doi.org/10.52292/j.estudecon.2022.2756

Issue

Vol. 39 No. 78 (2022)

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Articles

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