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The Wage Premium on Higher Education: Evidence from the Polish Graduate Tracking System

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  • Marek Rocki

Abstract

The paper justifies the possibility of estimating wage premiums that higher study education graduates may receive based on the administrative data from the Polish Graduate Tracking System. The data on wages in the year preceding the admission to a given study cycle were used, along with the data from the year after graduation. For the first first-cycle full full-time study programme, the average growth in wages in relation to every each subsequent year of education ranged from 20% to 40% depending on the area of study under which a given field of study was classified. For full-time second second-cycle studies, the rate of return was 50%–60%. In the case of part-time studies, these growth rates were considerably lower.

Suggested Citation

  • Marek Rocki, 2021. "The Wage Premium on Higher Education: Evidence from the Polish Graduate Tracking System," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 47-61.
    • Handle: RePEc:sgh:gosnar:y:2021:i:3:p:47-61
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    References listed on IDEAS

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    3. Eric A. Hanushek & Lei Zhang, 2006. "Quality-Consistent Estimates of International Returns to Skill," NBER Working Papers 12664, National Bureau of Economic Research, Inc.
    4. Pietrzak, Piotr & Khovrak, Inna, 2019. "Market Valuation of Graduates with Agricultural Degrees in Poland," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2019(3).
    5. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66(4), pages 281-281.
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    Cited by:

    1. Piotr Maleszyk, 2025. "Niedopasowanie kierunku kształcenia pracujących i jego konsekwencje," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 57-74.

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    More about this item

    Keywords

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    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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