Titelaufnahme

Titel
The distribution of returns to education for people with disabilities / Daniel J. Henderson (University of Alabama and IZA), Andrew Houtenville (University of New Hampshire), Le Wang (University of Oklahoma and IZA) ; IZA, Institute of Labor Economics
VerfasserHenderson, Daniel J. In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Daniel J. Henderson ; Houtenville, Andrew J. In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Andrew J. Houtenville ; Wang, Le In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Le Wang
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Forschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
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Elektronische Ressource
Umfang1 Online-Ressource (35 Seiten) : Diagramme
SerieDiscussion paper ; no. 10747
URNurn:nbn:de:hbz:5:2-123107 Persistent Identifier (URN)
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The distribution of returns to education for people with disabilities [0.48 mb]
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Zusammenfassung

This note takes a first look at the distribution of returns to education for people with disabilities, a particularly disadvantaged group whose labor market performances have not been well studied or documented. Using a nonparametric approach, we uncover significant heterogeneity in the returns to education for these workers, which is drastically masked by the conventional parametric methods. Based on these estimates, we construct the Sharpe ratio of human capital investment (taking into account its substantial risk), and our results corroborate on the claimed importance of human capital in improving these workers wages. Our stochastic dominance tests, however, show that the returns to education for workers with disabilities, as a group, may have been affected more adversely in the most recent recession, relative to their non-disabled counterparts.