Bias-Corrected Estimates of GED Returns

A-Tier
Journal: Journal of Labor Economics
Year: 2006
Volume: 24
Issue: 3
Pages: 661-700

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Using three sources of data, this article examines the direct economic return to General Educational Development (GED) certification for both native and immigrant high school dropouts. One data source—the Current Population Survey (CPS)—is plagued by nonresponse and allocation bias from the hot deck procedure that biases the estimated return to the GED upward. Correcting for allocation bias and ability bias, there is no direct economic return to GED certification. An apparent return to GED certification with age found in the raw CPS data is due to dropouts becoming more skilled over time. These results apply to both native-born and immigrant populations.

Technical Details

RePEc Handle
repec:ucp:jlabec:v:24:y:2006:i:3:p:661-700
Journal Field
Labor
Author Count
2
Added to Database
2026-01-25