Extra Earning Power: The Financial Returns to University Education in Canada
AbstractGetting a university degree offers substantial financial returns, for women more so than men and for undergraduate degrees more so than advanced degrees. This report finds that high returns to education signal high labour demand in particular fields relative to supply, information which is helpful for policymakers who distribute funds and for students who must choose their specialty.
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Bibliographic InfoPaper provided by C.D. Howe Institute in its series e-briefs with number 79.
Length: 7 pages
Date of creation: May 2009
Date of revision:
Publication status: Published on the C.D. Howe Institute website, May 2009
social policy; university postsecondary education; internal rate of return;
Find related papers by JEL classification:
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
- H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
- H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-06-17 (All new papers)
- NEP-EDU-2009-06-17 (Education)
- NEP-LAB-2009-06-17 (Labour Economics)
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- Thorsten V. Koeppl, 2009. "How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 293, August.
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