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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. Sabirianova, Klara Z., 2002. "The Great Human Capital Reallocation: A Study of Occupational Mobility in Transitional Russia," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 191-217, March.
    2. Ann P. Bartel & Nachum Sicherman, 1995. "Technological Change and the Skill Acquisition of Young Workers," NBER Working Papers 5107, National Bureau of Economic Research, Inc.
    3. Aghion, Philippe & Caroli, Eve & García-Peñalosa, Cecilia, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Scholarly Articles 12502063, Harvard University Department of Economics.
    4. Galor, O. & Tsiddon, D., 1996. "Technological Progress, Mobility and Economic Growth," Papers 13-96, Tel Aviv.
    5. Kathy Cannings & Sophie Mahseredjian & Claude Montmarquette, 1997. "How Do Young People Choose College Majors ?," CIRANO Working Papers 97s-38, CIRANO.
    6. Kevin Hollenbeck, 1992. "Postsecondary Education as Triage: Returns to Academic and Technical Programs," Upjohn Working Papers and Journal Articles 92-10, W.E. Upjohn Institute for Employment Research.
    7. 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).
    8. 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.
    9. Dirk Krueger & Krishna B. Kumar, 2003. "Skill-specific rather then General Education: A Reason for US-Europe Growth Differences?," NBER Working Papers 9408, National Bureau of Economic Research, Inc.
    10. 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.
    11. 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.
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