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Direct linkKamdjou, Herve D. Teguim – Open Education Studies, 2023
This article revisits the Mincer earnings function and presents comparable estimates of the average monetary returns associated with an additional year of education across different regions worldwide. In contrast to the traditional Ordinary Least Squares (OLS) method commonly employed in the literature, this study applied a cutting-edge approach…
Descriptors: Outcomes of Education, Artificial Intelligence, Human Capital, Regression (Statistics)
Peer reviewedBaker, Bruce D. – Economics of Education Review, 2001
Explores whether flexible nonlinear models (including neural networks and genetic algorithms) can reveal otherwise unexpected patterns of relationship in typical school-productivity data. Applying three types of algorithms alongside regression modeling to school-level data in 183 elementary schools proves the hypothesis and reveals new directions…
Descriptors: Algorithms, Elementary Education, Evaluation Methods, Mathematical Models
