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The Rate of Return to Private Schooling

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Author Info
Robert E. Wright () (University of Stirling, Scotland, CEPR, London and IZA, Bonn)

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Abstract

This paper examines the relationship between "school quality" and earnings in the United Kingdom. The specific focus is on evaluating the effect that private schooling has on hourly wage rates. It is well known that private (i.e. fee-paying) schools compared to state schools score higher on most measures of school quality. Therefore by comparing individuals with private schooling to those with state schooling (and controlling for other variables) it is possible to indirectly evaluate the effect of school quality. Panel data from five waves of the British Household Panel Survey are used in the analysis.

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File URL: ftp://repec.iza.org/RePEc/Discussionpaper/dp92.pdf
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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 92.

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Length: 21 pages
Date of creation: Dec 1999
Date of revision:
Handle: RePEc:iza:izadps:dp92

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Related research
Keywords: Private education; school quality; earnings;

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Find related papers by JEL classification:
I2 - Health, Education, and Welfare - - Education

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Betts, Julian R, 1995. "Does School Quality Matter? Evidence from the National Longitudinal Survey of Youth," The Review of Economics and Statistics, MIT Press, vol. 77(2), pages 231-50, May. [Downloadable!] (restricted)
  2. Eric A. Hanushek & Steven G. Rivkin & Lori L. Taylor, 1996. "Aggregation and the Estimated Effects of School Resources," NBER Working Papers 5548, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Card, David & Krueger, Alan B, 1992. "School Quality and Black-White Relative Earnings: A Direct Assessment," The Quarterly Journal of Economics, MIT Press, vol. 107(1), pages 151-200, February. [Downloadable!] (restricted)
    Other versions:
  4. Card, David & Krueger, Alan B, 1992. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 1-40, February. [Downloadable!] (restricted)
    Other versions:
  5. Harmon, Colm & Walker, Ian, 1995. "Estimates of the Economic Return to Schooling for the United Kingdom," American Economic Review, American Economic Association, vol. 85(5), pages 1278-86, December. [Downloadable!] (restricted)
  6. Behrman, Jere R & Birdsall, Nancy, 1983. "The Quality of Schooling: Quantity Alone is Misleading," American Economic Review, American Economic Association, vol. 73(5), pages 928-46, December. [Downloadable!] (restricted)
  7. Heckman, James & Layne-Farrar, Anne & Todd, Petra, 1996. "Human Capital Pricing Equations with an Application to Estimating the Effect of Schooling Quality on Earnings," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 562-610, November. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Fertig, Michael & Schmidt, Christoph M., 2000. "Discretionary Measures of Active Labor Market Policy: The German Employment Promotion Reform in Perspective," IZA Discussion Papers 182, Institute for the Study of Labor (IZA). [Downloadable!]
  2. Bonin, Holger & Zimmermann, Klaus F., 2000. "The Post-Unification German Labor Market," IZA Discussion Papers 185, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Sebastian Calonico & Hugo Ñopo, 2007. "Returns to Private Education in Peru," RES Working Papers 4516, Inter-American Development Bank, Research Department. [Downloadable!]
    Other versions:
  4. Sebastian Calonico & Hugo Ñopo, 2007. "Retornos a la Educación Privada en Perú," RES Working Papers 4517, Inter-American Development Bank, Research Department. [Downloadable!]
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This page was last updated on 2009-11-23.

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