• Corpus ID: 16954428

Estimates from Other Studies on India

  title={Estimates from Other Studies on India},
  author={Varun Kharbanda},
An individual’s choice of schooling level represents an equilibrium between the marginal rate of return to education and the marginal cost. To estimate the marginal rate of return at each schooling level, I use a Mincer type regression that is more general than in the standard literature, as well as a semiparametric approach. In light of the question raised by Heckman et. al. (1998) about the claim by Card and Krueger (1992) that the rate of return to education is constant, my results show that… 


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