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A Premium for a Degree in Engineering: An Estimation of Returns to the Field-Specific Education in Russia

  • Denisova, Irina

    ()

    (CEFIR, Moscow, Russia)

  • Kartseva, Marina

    ()

    (CEFIR, Moscow, Russia)

Registered author(s):

    We study variation in returns to five groups of majors — pedagogic, engineering, law or economics, humanities and medicine — in terms of wage and employment stability based on The Russian Longitudinal Monitoring Survey. We find a significant variation in returns to majors with the highest positive wage premiums in engineering, for both males and females, and to higher and secondary degree holders. The year of graduation turns out to be statistically insignificant implying that the «new» degrees are not systematically better or worse than the «old» ones

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    File URL: http://pe.cemi.rssi.ru/pe_2007_1_30-57.pdf
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    Article provided by Publishing House "SINERGIA PRESS" in its journal Applied Econometrics.

    Volume (Year): 5 (2007)
    Issue (Month): 1 ()
    Pages: 30-57

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    Handle: RePEc:ris:apltrx:0081
    Contact details of provider: Web page: http://appliedeconometrics.cemi.rssi.ru/

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    1. Johnson, William R, 1979. "The Demand for General and Specific Education with Occupational Mobility," Review of Economic Studies, Wiley Blackwell, vol. 46(4), pages 695-705, October.
    2. Dirk Krueger & Krishna B. Kumar, 2004. "Skill-Specific rather than General Education: A Reason for US--Europe Growth Differences?," Journal of Economic Growth, Springer, vol. 9(2), pages 167-207, 06.
    3. Montmarquette, C. & Cannings, C. & Mahseredjian,S., 1997. "How do Young People Choose College Majors?," Cahiers de recherche 9719, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    4. Galor, O. & Tsiddon, D., 1996. "Technological Progress, Mobility and Economic Growth," Papers 13-96, Tel Aviv.
    5. Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1615-1660, December.
    6. Kodde, David A, 1986. "Uncertainty and the Demand for Education," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 460-67, August.
    7. Hollenbeck, Kevin, 1993. "Postsecondary education as triage: Returns to academic and technical programs," Economics of Education Review, Elsevier, vol. 12(3), pages 213-232, September.
    8. Sabirianova Klara, 2001. "The Great Human Capital Reallocation: A Study of Occupational Mobility in Transitional Russiah," EERC Working Paper Series 2k/11e, EERC Research Network, Russia and CIS.
    9. Bartel, Ann P & Sicherman, Nachum, 1998. "Technological Change and the Skill Acquisition of Young Workers," Journal of Labor Economics, University of Chicago Press, vol. 16(4), pages 718-55, October.
    10. Klara Sabirianova Peter, 2003. "Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change," William Davidson Institute Working Papers Series 2003-616, William Davidson Institute at the University of Michigan.
    11. Heijke,Hans & Meng,Christoph & Ramaekers,Ger, 2003. "An investigation into the role of human capital competences and their pay-off," ROA Research Memorandum 001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
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