The Distribution of Returns to Education for People with Disabilities.

This article 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 t...

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Publicado en:Journal of Labor Research Vol. 38; no. 3; pp. 261 - 283
Autores principales: Henderson, Daniel, Houtenville, Andrew, Wang, Le
Formato: Artículo
Publicado: Springer Nature Sep2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1007/s12122-017-9245-8
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          Henderson, Daniel
          Houtenville, Andrew
          Wang, Le
        affil: University of New Hampshire , Durham 03824 USA
      su:
        Labor market
        Heterogeneity
        Human capital
        Labor supply
        Education of people with disabilities
      sug:
        subj:
          Labor market
          Heterogeneity
          Human capital
          Labor supply
          Temporary Help Services
          Education of people with disabilities
      keyword:
        C14
        Disability
        Education
        I12
        I26
        I31
        Risk
        C14
        Disability
        Education
        I12
        I26
        I31
        Risk
      ab: This article 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 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 the claimed importance of human capital in improving these workers' wages. Our stochastic dominance tests 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.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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