Bayesian Fuzzy Regression Discontinuity Analysis and Returns to Compulsory Schooling
贝叶斯模糊断点回归分析与义务教育回报AI 解读 ↓
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AI 根据所提供的论文材料归类:摘要明确利用政策导致的离校概率断点估计潜在遵从者的教育回报,采用模糊断点设计,直接对应因果推断方法。
贝叶斯模糊断点回归分析与义务教育回报AI 解读 ↓
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Summary This paper is concerned with the use of a Bayesian approach to fuzzy regression discontinuity (RD) designs for understanding the returns to education. The discussion is motivated by the change in government policy in the UK in April of 1947, when the minimum school leaving age was raised from 14 to 15—a change that had a discontinuous impact on the probability of leaving school at age 14 for cohorts who turned 14 around the time of the policy change. We develop a Bayesian fuzzy RD framework that allows us to take advantage of this discontinuity to calculate the effect of an additional year of education on subsequent log earnings for the (latent) class of subjects that complied with the policy change. We illustrate this approach with a new dataset composed from the UK General Household Surveys. Copyright © 2015 John Wiley & Sons, Ltd.