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Economics

University of Kentucky

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Employment

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Full-Text Articles in Education

Labor Market Returns To The Ged Using Regression Discontinuity Analysis, Christopher Jepsen, Peter Mueser, Kenneth R. Troske May 2016

Labor Market Returns To The Ged Using Regression Discontinuity Analysis, Christopher Jepsen, Peter Mueser, Kenneth R. Troske

Economics Faculty Publications

We evaluate returns to General Educational Development (GED) certification for high school dropouts using state administrative data. We apply a fuzzy regression discontinuity method to account for test takers retaking the test. For women we find that GED certification has no statistically significant effect on either employment or earnings. For men we find a significant increase in earnings in the second year after taking the test but no impact in subsequent years. GED certification increases postsecondary school enrollment by 4–8 percentage points. Our results differ from regression discontinuity approaches that fail to account for test retaking.


Want A Job? Get A College Degree, Christopher R. Bollinger Oct 2015

Want A Job? Get A College Degree, Christopher R. Bollinger

Issue Brief on Topics Affecting Kentucky’s Economy

While it is well known that a positive relationship exists between educational attainment and earnings for those who are in the labor market, an important part of how education impacts the well-being of families in Kentucky is the access to employment that it provides. In this brief, we examine the relationship between education and two measures of employment status: unemployment and labor force participation. What we find is quite striking: not only do those with higher education experience less unemployment, they are far more likely to be participating in the labor market. Education leads to better access to employment.