Details

Autor(en) / Beteiligte

• Iturra, Victor
• Sarrias, Mauricio

Titel

Amenities and individual heterogeneity in the return to schooling

Ist Teil von

• Letters in spatial and resource sciences, 2023-12, Vol.16 (1), p.18, Article 18

Ort / Verlag

Berlin/Heidelberg: Springer Berlin Heidelberg

Erscheinungsjahr

2023

Quelle

SpringerNature Journals

Beschreibungen/Notizen

• We analyze the role played by amenities in the mean and variance of the return of schooling’s distribution. To do so, we employ a random parameter approach to consider the whole distribution of schooling, and testing how much of the unobserved heterogeneity is reduced when amenities interact with schooling. Using Chilean data sets, the results indicate that amenities play a significant role on the distribution of individuals’ return to schooling by both shifting the average return and reducing the unobserved heterogeneity across workers.