Estimation of Educational Borrowing Constraints Using Returns to Schooling

By Stephen V. Cameron, Christopher R. Taber. Journal of Political Economy, 2004

558 citations recorded by the source corpus.

Subfields: Accounting, Education, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/4e1796e5806962707391707df8c29a32c94bf5e7

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Citations in the corpus

The short term effect of educational debt on job decisions (2005, background): “In estimating this impact, they have ignored the indirect e ect on possible entrants to law school.(4) That is, recognizing the removed nancial barrier, those with interest in working in the non-pro t sector may be more likely to enter law school.”
Inequality of opportunity in the land of opportunities, 1968–2001 (2009, background): “On American data, Carneiro and Heckman [11] and Cameron and Taber [10] reject this hypothesis.”
Investing in Our Young People (2010, unknown): “Our analysis also interprets the evidence of Carneiro & Heckman (2002) and Cameron & Taber (2004) that, conditioning on child ability, family income in the adolescent years has only a minor effect on adolescent schooling choices.”
Field experiments in labor economics (2010, background): “A large literature models the effect of individual characteristics, family background and parental resources on schooling and achievement (Cameron and Heckman 2001, Cameron and Taber 2004).”
Guide to Reform of Higher Education: A European Perspective (2006, unknown): “Parental incomes seem to be of little quantitative importance compared to the social environment, family, culture and academic ability (Shea, 2000; Carneiro and Heckman, 2002; Plug and Vijverberg, 2004; Cameron and Taber, 2004).”
The Nature of Credit Constraints and Human Capital. NBER Working Paper No. 13912. (2008, unknown): “Cameron and Taber (2004) find little evidence of differential returns to school that would be consistent with borrowing constraints.”
The Economics of Human Development and Social Mobility (2014, unknown): “Using a variety of empirical approaches, Carneiro and Heckman (2002), Keane and Wolpin (2001), and Cameron and Taber (2004) find little evidence of an important role 58Aiyagari et al. (2002) present an analysis of full insurances against the accident of birth.”
Real Options and Human Capital Investment (2007, unknown): “Carneiro and Heckman (2003), Cameron and Taber (2004), Plug and Vijverberg (2004) and others find that liquidity constraints have only a slight impact on college enrolment which seems to be insufficient to explain high rates of return to education. Income risk may also justify a high rate of return.”
Parental job loss and the education enrollment of youth (2011, unknown): “Several pieces of recent United States research on credit constraints have concluded that credit constraints are quite small (Carniero and Heckman, 2002; , Keane and Wolpin, 2001; Cameron and Taber, 2004).”
Understanding the Income Gradient in College Attendance in Mexico: The Role of Heterogeneity in Expected Returns (2014, methodology): “Cameron and Taber (2004), Card (1995) and Kling (2001) use a similar test interacting variables such as parental income and race with a dummy for the presence of a college in the residential county.17 Compared to conventional approaches, data on subjective expectations has the following two…”
Community Colleges and Upward Mobility (2019, unknown): “Card (1995), Rouse (1995), Kling (2001), Cameron and Taber (2004), Carneiro and Lee (2009), Carneiro et al. (2011), Eisenhauer et al. (2015), and Nybom (2017), among others.”
Maternal Education, Home Environments and the Development of Children and Adolescents (2007, methodology): “These variables have frequently been used as instruments (e.g. Kane and Rouse (1993), Card (1993), Currie and Moretti (2003), Cameron and Taber (2004), Carneiro, Heckman, and Vytlacil (2006)).”
The Changing Role of Family Income and Ability in Determining Educational Achievement (2007, unknown): “Black - white and hispanic - white differences are roughly 20 percentage points in (24)Rivkin (1995) and Cameron and Heckman (2001) also find that minorities acquire more schooling than whites after conditioning on ability/achievement and family background. There is no consensus as to the explanatio”
Estimating Marginal Returns to Education (2010, background): “…effect Corresponding author: James J. Heckman Department of Economics University of Chicago 1126 East 59th Street Chicago, IL 60637 USA E-mail: jjh@uchicago.edu * Carneiro acknowledges the support of ESRC RES-000-22-2542 and RES-589-28-0001 through the Centre for Microdata Methods and Practice.”