Does it pay to attend a prestigious university?
AbstractThis paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the returns to quality. These results somehow justify the recent introduction of top-up fees. Additionally, identification strategy matters and OLS estimates may be severely biased. However, our estimates, based on propensity score matching, are imprecise due to the thinness of the common support.
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Bibliographic InfoPaper provided by School Of Economics, University College Dublin in its series Working Papers with number 200320.
Length: 33 pages
Date of creation: 16 Aug 2003
Date of revision:
Higher Education Quality; Tuition fees;
Other versions of this item:
- Chevalier, Arnaud & Conlon, Gavan, 2003. "Does It Pay to Attend a Prestigious University?," IZA Discussion Papers 848, Institute for the Study of Labor (IZA).
- Arnaud Chevalier & Gavan Conlon, 2003. "Does it pay to attend a prestigious university?," CEE Discussion Papers 0033, Centre for the Economics of Education, LSE.
- I20 - Health, Education, and Welfare - - Education - - - General
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
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- repec:ese:iserwp:97-06 is not listed on IDEAS
- John Ermisch & Marco Francesconi, 2000.
"Educational Choice, Families, and Young People's Earnings,"
Journal of Human Resources,
University of Wisconsin Press, vol. 35(1), pages 143-176.
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