Ability and rates of return to schooling-making use of the Swedish enlistment battery test
Author
Summary, in English
Using the Swedish military enlistment test, this paper estimates the return to schooling for individuals belonging to different parts of the ability distribution. It also attempts to predict whether an endogenous test score causes bias in the "ability-specific" returns to schooling that varies with the test score. A significant finding is that a higher score in the test is associated with a higher return to schooling, but that the positive association is diminishing in the test score. In general, the bias in the ability-specific returns to schooling does not seem to vary with the test score level.
Department/s
Publishing year
2008
Language
English
Pages
703-717
Publication/Series
Journal of Population Economics
Volume
21
Issue
3
Document type
Journal article
Publisher
Springer
Topic
- Economics
Keywords
- return to schooling
- cognitive ability
- test score
Status
Published
ISBN/ISSN/Other
- ISSN: 0933-1433