Mobility and the Return to Education: Testing a Roy Model with Multiple Markets
迁移与教育回报:多市场 Roy 模型的检验
Self-selected migration presents one potential explanation for why observed returns to a college education in local labor markets vary widely even though U.S. workers are highly mobile.To assess the impact of self-selection on estimated returns, this paper first develops a Roy model of mobility and earnings where workers choose in which of the 50 states (plus the District of Columbia) to live and work.Available estimation methods are either infeasible for a selection model…