The Return to a University Education in Great Britain
In this paper, we estimate the rate of return to first degrees, Masters degrees and PhDs in Britain using data from the Labour Force Survey. We estimate returns to broad subject groups and more narrowly defined disciplines, distinguishing returns by gender and controlling for variations in student quality across disciplines. The results reveal considerable heterogeneity in returns to particular degree programmes and by gender, which have important policy implications for charging students for the costs of their education.
Volume (Year): 193 (2005)
Issue (Month): 1 (July)
|Contact details of provider:|| Postal: 2 Dean Trench Street, Smith Square, London SW1P 3HE|
Phone: +44 (020) 7222 7665
Fax: +44 (020) 7654 1900
Web page: http://www.niesr.ac.uk/
More information through EDIRC
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.:
- Machin, Stephen & Puhani, Patrick A., 2003.
"Subject of degree and the gender wage differential: evidence from the UK and Germany,"
Elsevier, vol. 79(3), pages 393-400, June.
- Stephen Machin & Patrick A. Puhani, 2002. "Subject of Degree and the Gender Wage Differential - Evidence from the UK and Germany," University of St. Gallen Department of Economics working paper series 2002 2002-28, Department of Economics, University of St. Gallen.
- Machin, Stephen & Puhani, Patrick A., 2002. "Subject of Degree and the Gender Wage Differential: Evidence from the UK and Germany," IZA Discussion Papers 553, Institute for the Study of Labor (IZA).
- Arnaud Chevalier & Gavan Conlon, 2003. "Does it pay to attend a prestigious university?," LSE Research Online Documents on Economics 19477, London School of Economics and Political Science, LSE Library.
- Arnaud Chevalier & Gavan Conlon, 2003. "Does it pay to attend a prestigious university?," Working Papers 200320, School of Economics, University College Dublin.
- Arnaud Chevalier & Gavan Conlon, 2003. "Does it pay to attend a prestigious university?," CEE Discussion Papers 0033, Centre for the Economics of Education, LSE.
- Chevalier, Arnaud & Conlon, Gavan, 2003. "Does It Pay to Attend a Prestigious University?," IZA Discussion Papers 848, Institute for the Study of Labor (IZA).
- Sveinbjörn Blöndal & Simon Field & Nathalie Girouard, 2002. "Investment in Human Capital Through Post-Compulsory Education and Training: Selected Efficiency and Equity Aspects," OECD Economics Department Working Papers 333, OECD Publishing.
- Dan A. Black & Seth Sanders & Lowell Taylor, 2003. "The Economic Reward for Studying Economics," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 365-377, July.
- D. H. Blackaby & P. D. Murphy & N. C. O'Leary, 1999. "Graduate earnings in Great Britain: a matter of degree?," Applied Economics Letters, Taylor & Francis Journals, vol. 6(5), pages 311-315.
- Chevalier, Arnaud, 2003. "Motivation, expectations and the gender pay gap for UK graduates," Royal Economic Society Annual Conference 2003 42, Royal Economic Society.
- Arnaud Chevalier, 2004. "Motivation, expectations and the gender pay gap for UK graduates," Working Papers 200403, School of Economics, University College Dublin.
- Chevalier, Arnaud, 2004. "Motivation, Expectations and the Gender Pay Gap for UK Graduates," IZA Discussion Papers 1101, Institute for the Study of Labor (IZA).
- Pedro Telhado Pereira & Pedro Silva Martins, 2004. "Returns to education and wage equations," Applied Economics, Taylor & Francis Journals, vol. 36(6), pages 525-531.
- Pereira, Pedro T. & Martins, Pedro S., 2001. "Returns to Education and Wage Equations," IZA Discussion Papers 298, Institute for the Study of Labor (IZA).
- Blundell, Richard, et al, 2000. "The Returns to Higher Education in Britain: Evidence from a British Cohort," Economic Journal, Royal Economic Society, vol. 110(461), pages 82-99, February.
- Philip Trostel & Ian Walker, 2006. "Education and Work," Education Economics, Taylor & Francis Journals, vol. 14(4), pages 377-399.
- Trostel, P. & Walker, I., 2000. "Education and Work," The Warwick Economics Research Paper Series (TWERPS) 554, University of Warwick, Department of Economics.
- Derek Leslie, 2003. "Using success to measure quality in British higher education: which subjects attract the best-qualified students?," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 166(3), pages 329-347.
- H. Battu & C. R. Belfield & P. J. Sloane, 1999. "Overeducation Among Graduates: a cohort view," Education Economics, Taylor & Francis Journals, vol. 7(1), pages 21-38.
- Battu, H. & Belfield, C. R. & Sloane, P. J., "undated". "Overeducation Among Graduates: A Cohort View," Working Papers 98-03, Department of Economics, University of Aberdeen.
- David Greenaway & Michelle Haynes, 2003. "Funding Higher Education in The UK: The Role of Fees and Loans," Economic Journal, Royal Economic Society, vol. 113(485), pages 150-166, February.
- Oaxaca, Ronald L. & Ransom, Michael R., 1994. "On discrimination and the decomposition of wage differentials," Journal of Econometrics, Elsevier, vol. 61(1), pages 5-21, March. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:sae:niesru:v:193:y:2005:i:1:p:75-89. 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: (SAGE Publications)
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.