Can The Distribution of Highest Educational Attainment Be Characterised By A Discrete Probability Distribution?

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dc.contributor.author Bandyopadhyay, Debasis en
dc.date.accessioned 2006-11-30T20:53:39Z en
dc.date.available 2006-11-30T20:53:39Z en
dc.date.issued 1999 en
dc.identifier.citation Department of Economics Working Paper Series 195 en
dc.identifier.uri http://hdl.handle.net/2292/193 en
dc.description.abstract Distribution of human capital is a recent addition in the literature to the list of a few fundamental determinants of growth. This paper addresses an important problem associated with the empirical characterization of that distribution by utilizing the recently available distribution of the highest educational attainment in the labor force. We tried to fit the distribution of the number of years of school by over-dispersed Poisson and Negative-Binomial distributions. Based on the data compiled by Barro and Lee, none of the discrete distributions fit the data. The standard discrete probability distributions are too smooth to account for the important information contained in the data, ie., schooling is more likely to be terminated at the completion of a category of schooling (e.g., primary, secondary, and higher education) than during a category, an important feature contained in the frequency distribution of highest educational attainment. Future research of this data should focus on more complex models which account for this "discontinuity" in the data, or modeling of other important features of the frequency distribution of highest educational attainment. en
dc.format.extent application/pdf en
dc.format.mimetype text en
dc.language.iso en en
dc.publisher ResearchSpace@Auckland en
dc.relation.ispartofseries Department of Economics Working Paper Series (1997-2006) en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.subject.other Economics en
dc.title Can The Distribution of Highest Educational Attainment Be Characterised By A Discrete Probability Distribution? en
dc.type Working Paper en
dc.rights.holder Copyright: the author en
dc.rights.accessrights http://purl.org/eprint/accessRights/OpenAccess en
pubs.org-id Economics en


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