The wage premium on tertiary education: New estimates for 21 OECD countries
This study focuses on the single most important component of the private return on tertiary education, the gross wage premium. There are at least two additional reasons for paying particular attention to wage premia. First, the wage premium earned by existing graduates is easy to observe, so high-sc...
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Format: | Elektronisch Buchkapitel |
Sprache: | English |
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Paris
OECD Publishing
2009
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Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
Zusammenfassung: | This study focuses on the single most important component of the private return on tertiary education, the gross wage premium. There are at least two additional reasons for paying particular attention to wage premia. First, the wage premium earned by existing graduates is easy to observe, so high-school leavers can be assumed to take it into account when deciding for or against enrolment in tertiary education. Second, to the extent that wages reflect marginal labour productivity, estimates of wage premia are sometimes used to assess the quality of human capital in an economy with a view to correcting simpler measures based on years of schooling or attainment levels |
Beschreibung: | 1 Online-Ressource (29 Seiten) |
DOI: | 10.1787/eco_studies-v2009-art7-en |
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spelling | Strauss, Hubert Verfasser aut The wage premium on tertiary education New estimates for 21 OECD countries Hubert Strauss and Christine de la Maisonneuve Paris OECD Publishing 2009 1 Online-Ressource (29 Seiten) txt rdacontent c rdamedia cr rdacarrier This study focuses on the single most important component of the private return on tertiary education, the gross wage premium. There are at least two additional reasons for paying particular attention to wage premia. First, the wage premium earned by existing graduates is easy to observe, so high-school leavers can be assumed to take it into account when deciding for or against enrolment in tertiary education. Second, to the extent that wages reflect marginal labour productivity, estimates of wage premia are sometimes used to assess the quality of human capital in an economy with a view to correcting simpler measures based on years of schooling or attainment levels Economics de la Maisonneuve, Christine ctb https://doi.org/10.1787/eco_studies-v2009-art7-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Strauss, Hubert The wage premium on tertiary education New estimates for 21 OECD countries Economics |
title | The wage premium on tertiary education New estimates for 21 OECD countries |
title_auth | The wage premium on tertiary education New estimates for 21 OECD countries |
title_exact_search | The wage premium on tertiary education New estimates for 21 OECD countries |
title_exact_search_txtP | The wage premium on tertiary education New estimates for 21 OECD countries |
title_full | The wage premium on tertiary education New estimates for 21 OECD countries Hubert Strauss and Christine de la Maisonneuve |
title_fullStr | The wage premium on tertiary education New estimates for 21 OECD countries Hubert Strauss and Christine de la Maisonneuve |
title_full_unstemmed | The wage premium on tertiary education New estimates for 21 OECD countries Hubert Strauss and Christine de la Maisonneuve |
title_short | The wage premium on tertiary education |
title_sort | the wage premium on tertiary education new estimates for 21 oecd countries |
title_sub | New estimates for 21 OECD countries |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/eco_studies-v2009-art7-en |
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