Bias Corrected Estimates of GED Returns

@inproceedings{Heckman2006BiasCE,
  title={Bias Corrected Estimates of GED Returns},
  author={James J. Heckman and Paul A. LaFontaine},
  year={2006}
}
Using three sources of data, this paper examines the direct economic return to GED certification for both native and immigrant high school dropouts. One data source %u2013 the CPS %u2013 is plagued by non-response and allocation bias from the hot-deck procedure that biases upward the estimated return to the GED. 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… CONTINUE READING

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From dropout to degree: The GED pathway to and through Iowa community colleges

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