IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Rate of Return to Higher Education Over the Business Cycle

Listed author(s):
  • Phil Lewis


    (University of Canberra)

  • Michael Corliss

    (University of Canberra)

  • Anne Daly

    (University of Canberra)

Registered author(s):

    Currently there is only a scant literature available on the business cycle effect upon the private rate of return to higher education in Australia. This is despite the expectation that the business cycle would be of a significant consequence to the relative income of degree holders. This paper presents estimates of the rate of return in Australia associated with the completion of Bachelors degrees for a range of fields of study over the business cycle. The results show that for the average person there are strong incentives to complete these degrees, and the private rate of return compares favourably with the real long term real bond rate. However, there are considerable differences in rates of return according to gender and discipline of study. There also appear to be important business cycle effects on the rate of return to a university degree.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Bankwest Curtin Economics Centre (BCEC), Curtin Business School in its journal Australian Journal of Labour Economics (AJLE).

    Volume (Year): 16 (2013)
    Issue (Month): 2 ()
    Pages: 219-236

    in new window

    Handle: RePEc:ozl:journl:v:16:y:2013:i:2:p:219-236
    Contact details of provider: Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ozl:journl:v:16:y:2013:i:2:p:219-236. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alan Duncan)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.