Details
Original language | English |
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Title of host publication | Education as a Lifelong Process |
Subtitle of host publication | The German National Educational Panel Study (NEPS) |
Editors | Hans-Peter Blossfeld, Hans-Günther Roßbach |
Place of Publication | Wiesbaden |
Pages | 139-153 |
Number of pages | 15 |
Edition | 2. |
ISBN (electronic) | 9783658231620 |
Publication status | Published - 19 Feb 2019 |
Publication series
Name | Edition ZfE |
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Publisher | VS Verlag fur Sozialwissenschaften |
Volume | 3 |
ISSN (Print) | 2512-0778 |
ISSN (electronic) | 2512-0786 |
Abstract
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Education as a Lifelong Process: The German National Educational Panel Study (NEPS). ed. / Hans-Peter Blossfeld; Hans-Günther Roßbach. 2. ed. Wiesbaden, 2019. p. 139-153 (Edition ZfE; Vol. 3).
Research output: Chapter in book/report/conference proceeding › Contribution to book/anthology › Research
}
TY - CHAP
T1 - Educational returns over the life course
AU - Gross, Christiane
AU - Jungbauer-Gans, Monika
AU - Schwarze, Johannes
AU - Bela, Anika
PY - 2019/2/19
Y1 - 2019/2/19
N2 - Pillar 5 of the German National Educational Panel Study (NEPS) focuses on various returns to education over the life course. The longitudinal design allows us to study the complex and dynamic interaction processes when qualifications, competencies, and educational certificates are turned into economic and noneconomic returns. In this chapter, we outline the central theoretical concepts for analyzing returns to education and describe how they are implemented within NEPS. We discuss economic returns such as income and other labor market-related outcomes with an emphasis on expected income as an innovative concept. Noneconomic returns may come in the form of better health, increased subjective well-being, increased social and political participation, and changing processes of family formation. Over the life cycle, returns related to health and subjective well-being will tend to accrue from early childhood through adulthood, whereas returns related to political participation will tend to set in during late adolescence. In order to identify causal relationships, it is necessary to avoid considerable bias in the estimation of returns to education. One crucial source of biased estimators is the omission of the financial restrictions faced by the parents’ household. Thus, Pillar 5 implements several measures to control for the economic situation of the household such as household income and wealth.
AB - Pillar 5 of the German National Educational Panel Study (NEPS) focuses on various returns to education over the life course. The longitudinal design allows us to study the complex and dynamic interaction processes when qualifications, competencies, and educational certificates are turned into economic and noneconomic returns. In this chapter, we outline the central theoretical concepts for analyzing returns to education and describe how they are implemented within NEPS. We discuss economic returns such as income and other labor market-related outcomes with an emphasis on expected income as an innovative concept. Noneconomic returns may come in the form of better health, increased subjective well-being, increased social and political participation, and changing processes of family formation. Over the life cycle, returns related to health and subjective well-being will tend to accrue from early childhood through adulthood, whereas returns related to political participation will tend to set in during late adolescence. In order to identify causal relationships, it is necessary to avoid considerable bias in the estimation of returns to education. One crucial source of biased estimators is the omission of the financial restrictions faced by the parents’ household. Thus, Pillar 5 implements several measures to control for the economic situation of the household such as household income and wealth.
U2 - 10.1007/978-3-658-23162-0_8
DO - 10.1007/978-3-658-23162-0_8
M3 - Contribution to book/anthology
SN - 9783658231613
T3 - Edition ZfE
SP - 139
EP - 153
BT - Education as a Lifelong Process
A2 - Blossfeld, Hans-Peter
A2 - Roßbach, Hans-Günther
CY - Wiesbaden
ER -