Offering a unifying theoretical perspective not readily available in any other text, this innovative guide to econometrics uses simple geometrical arguments to develop students' intuitive understanding of basic and advanced topics, emphasizing throughout the practical applications of modern theory and nonlinear techniques of estimation. One theme of the text is the use of artificial regressions for estimation, reference, and specification testing of nonlinear models, including diagnostic tests for parameter constancy, serial correlation, heteroscedasticity, and other types of mis-specification. Explaining how estimates can be obtained and tests can be carried out, the authors go beyond a mere algebraic description to one that can be easily translated into the commands of a standard econometric software package. Covering an unprecedented range of problems with a consistent emphasis on those that arise in applied work, this accessible and coherent guide to the most vital topics in econometrics today is indispensable for advanced students of econometrics and students of statistics interested in regression and related topics. It will also suit practising econometricians who want to update their skills. Flexibly designed to accommodate a variety of course levels, it offers both complete coverage of the basic material and separate chapters on areas of specialized interest.

Estimation and Inference in Econometrics

The book Inequality by Christopher Jencks is in one sense an arid waste of somewhat confusing and misleading statistics between chapter one and chapter nine, and, in another sense, a destructive, unscientific critique of American education and families. Jencks' interpretation comes down hard on his basic feeling that "The crucial problem today is that relatively few people view income inequality as a serious problem; indeed the Nixon administration apparently convinced itself that income was too equally distributed in 1968 and that the rich needed additional incentives to get even richer . The Kennedy and Johnson administrations were only marginally better. Neither made any explicit effort to equalize incomes; the subject was hardly discussed. Instead reformers focused on equalizing opportunity." This view is probably correct but it is no excuse for an unscholarly, unscientific polemic against far from "peripheral institutions," which is Jencks' evaluation of the American schools. This book states

Inequality, A Reassessment of the Effect of Family and Schooling in America.

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The growth of incarceration in the United States: exploring causes and consequences

https://ies.ed.gov/ncee/edlabs/regions/midwest/pdf/REL_2015083.pdf

National Center for Education Evaluation and Regional Assistance

https://link.springer.com/content/pdf/10.2307/3343529.pdf

Making Ends Meet: How Single Mothers Survive Welfare and Low-Wage Work

In this paper, we examine the antecedents and consequences of timing in the transition from high school to college. Using the National Education Longitudinal Study of 1988 (NELS:88), we find that 16 percent of high school graduates postpone enrollment by seven months or more after completing high school. Delayers tend to have some common characteristics: they come from families with few socioeconomic resources, they have performed poorly on standardized tests, they have dropped out of school, and they have exited high school with a GED. We find that even after controlling for these academic and socioeconomic characteristics, students who delay postsecondary enrollment have lower odds of bachelor degree completion. Additionally, we find that delayers are more likely than on-time enrollees to attend less than four-year institutions and to transition to other roles such as spouses or parents before entering college. Controlling for institutional context and life course contingencies, however, does not completely explain the negative relationship between delayed enrollment and degree completion.

/pdf/better-late-than-never-delayed-enrollment-in-the-high-school-5exir7fc51.pdf

Better Late Than Never? Delayed Enrollment in the High School to College Transition

Using data from the Beginning Postsecondary Students Longitudinal Study of 1996, this article explores the effect of economic resources on the paid work experiences and living arrangements of first-year college students. Students from low-income families are more likely to work for school-related expenses and to live at home during the first year of college—cost-saving strategies that, in some cases, impede their chances of continuing into the second year. Students who work more than 20 hours a week and who live at home are more likely to leave school during the first year than are those who work 20 hours a week or less and who reside on campus. Employment and living arrangements both play a strong role in shaping the transition to college, beyond background characteristics and academic preparation.

Making It Through the First Year of College: The Role of Students' Economic Resources, Employment, and Living Arrangements

After conducting a comprehensive literature search, the authors undertook a meta-analysis to examine the association between correctional education and reductions in recidivism, improvements in employment after release from prison, and learning in math and in reading. Their findings support the premise that receiving correctional education while incarcerated reduces an individual's risk of recidivating. They also found that those receiving correctional education had improved odds of obtaining employment after release. The authors also examined the benefits of computer-assisted learning and compared the costs of prison education programs with the costs of reincarceration.

/pdf/evaluating-the-effectiveness-of-correctional-education-a-2peaco6gf3.pdf

Evaluating the Effectiveness of Correctional Education: A Meta-Analysis of Programs That Provide Education to Incarcerated Adults

This study revisits the Wisconsin model of status attainment from a life course developmental perspective. Fixed-effects regression analyses lend strong support to the Wisconsin framework's core proposition that academic performance and significant others' influence shape educational expectations. However, investigating the process of expectation formation back to the elementary grades yields insights not evident when analyses are limited to the high school years: (1. many youth consistently expect to attend college from as early as fourth grade; (2. the expectations of middle- and low-SES youth are less stable, and across years the preponderance of their exposure to socialization influences mitigates against sustained college ambitions; (3. long-term stable expectations are more efficacious in forecasting college enrollment than are changing, volatile expectations. As anticipated in the Wisconsin framework, family-and school-based socialization processes indeed contribute to social reproduction through children's educational expectations, but the process starts much earlier and includes dynamics outside the scope of the original status attainment studies.

Framing the Future: Revisiting the Place of Educational Expectations in Status Attainment

This article examines the expectation to complete a bachelor's degree among a predominantly low-income, mainly African American, panel of Baltimore youths at the end of high school, at age 22, and at age 28. Across this time, stability is the modal pattern, but when expectations change, declines are more frequent than increases. Although disadvantaged youths and those with limited academic resources from high school are the most prone to give up the expectation to complete college, both factors recede in importance during the transition to adulthood when postsecondary enrollment becomes more salient. Clark's “cooling-out” thesis and Rosenbaum,s “college-for-all” thesis predict a downward leveling of ambition, especially among youths with high expectations and limited resources and those who attend two-year colleges. The results indicate, however, that the expectations of low-resource youths are not distinctively cooled out by the college experience, and, net of other considerations, two-year college atten...

Robert Bozick

Papers

Better Late Than Never? Delayed Enrollment in the High School to College Transition

Making It Through the First Year of College: The Role of Students' Economic Resources, Employment, and Living Arrangements

Evaluating the Effectiveness of Correctional Education: A Meta-Analysis of Programs That Provide Education to Incarcerated Adults

Framing the Future: Revisiting the Place of Educational Expectations in Status Attainment

Warming up, cooling out, or holding steady? Persistence and change in educational expectations after high school