Economic returns of a new qualification: Results from machine-learning models

10/12/2022 12:00 pm 10/12/2022 01:00 pm Australia/Melbourne Economic returns of a new qualification: Results from machine-learning models

Pursuing educational qualifications later in life is an increasingly common phenomenon among OECD countries. Despite this, the value-add of gaining a qualification in later life is unclear.

One reason for this is what leads (or enables) mature-age learners to pursue and complete a qualification may itself be a precursor to later-life success.

Another reason may be that the benefits are unevenly distributed across degree-types, subject areas and the background characteristics of the student.

In this paper we take a data-driven approach to uncover heterogeneous treatment effects.

Speakers

Dr Anna Zhu (RMIT University)

Anna Zhu is a Senior Lecturer of economics at RMIT University and lead investigator on an Australian Research Council (ARC) Linkage grant looking at the intergenerational impacts of welfare reform.

Dr Zhu's research aims to understand how social and economic policies impact on the lives of individuals.

She has more than 10 years of experience leveraging large datasets and applying statistical tools to disentangle correlation from causation. Her current research focuses on issues at the intersection of machine learning, econometrics and social policy.

She is a Fellow at the Gradient Institute, a Research Fellow at the Institute for the Study of Labor (IZA), a Research Affiliate in the ARC Centres of Excellence for Automated Decision-Making and Society and Children and Families over the Life Course, and an Adjunct Associate Lecturer in the Social Policy Research Centre at the University of New South Wales (UNSW).


Photo Dr Anna Zhu

CHE weekly seminar series

As part of the Centre for Health Economics’ vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions where discussion and debate is encouraged. We aim to present all seminars in-person and also on Zoom.

Event Details

Date:
12 October 2022 at 12:00 pm – 1:00 pm
Venue:
Caulfield campus, Building H, Level 9, Room H921 and Zoom
Categories:
CHE Seminar; General; Health Economics

Description

Pursuing educational qualifications later in life is an increasingly common phenomenon among OECD countries. Despite this, the value-add of gaining a qualification in later life is unclear.

One reason for this is what leads (or enables) mature-age learners to pursue and complete a qualification may itself be a precursor to later-life success.

Another reason may be that the benefits are unevenly distributed across degree-types, subject areas and the background characteristics of the student.

In this paper we take a data-driven approach to uncover heterogeneous treatment effects.

Speakers

Dr Anna Zhu (RMIT University)

Anna Zhu is a Senior Lecturer of economics at RMIT University and lead investigator on an Australian Research Council (ARC) Linkage grant looking at the intergenerational impacts of welfare reform.

Dr Zhu's research aims to understand how social and economic policies impact on the lives of individuals.

She has more than 10 years of experience leveraging large datasets and applying statistical tools to disentangle correlation from causation. Her current research focuses on issues at the intersection of machine learning, econometrics and social policy.

She is a Fellow at the Gradient Institute, a Research Fellow at the Institute for the Study of Labor (IZA), a Research Affiliate in the ARC Centres of Excellence for Automated Decision-Making and Society and Children and Families over the Life Course, and an Adjunct Associate Lecturer in the Social Policy Research Centre at the University of New South Wales (UNSW).


Photo Dr Anna Zhu

CHE weekly seminar series

As part of the Centre for Health Economics’ vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions where discussion and debate is encouraged. We aim to present all seminars in-person and also on Zoom.