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Extra Earning Power: The Financial Returns to University Education in Canada

Author

Listed:
  • Karim Moussaly-Sergieh

    (Statistics Canada)

  • Francois Vaillancourt

    (Université de Montréal)

Abstract

Getting a university degree offers substantial financial returns, for women more so than men and for undergraduate degrees more so than advanced degrees. This report finds that high returns to education signal high labour demand in particular fields relative to supply, information which is helpful for policymakers who distribute funds and for students who must choose their specialty.

Suggested Citation

  • Karim Moussaly-Sergieh & Francois Vaillancourt, 2009. "Extra Earning Power: The Financial Returns to University Education in Canada," e-briefs 79, C.D. Howe Institute.
    • Handle: RePEc:cdh:ebrief:79
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    File URL: https://www.cdhowe.org/extra-earning-power-the-financial-returns-to-university-education-in-canada/4522
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Thomas Lemieux, 2014. "Occupations, fields of study and returns to education," Canadian Journal of Economics, Canadian Economics Association, vol. 47(4), pages 1047-1077, November.
    2. Thorsten V. Koeppl, 2009. "How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 293, August.
    3. Khan, Bilal Muhammad, 2019. "Education Occupation Mismatch in Developing countries," MPRA Paper 92324, University Library of Munich, Germany.
    4. Don Drummond & Evan Capeluck & Matthew Calver, 2015. "The Key Challenge for Canadian Public Policy: Generating Inclusive and Sustainable Economic Growth," CSLS Research Reports 2015-11, Centre for the Study of Living Standards.
    5. William B.P. Robson & Alexandre Laurin, 2015. "Challenges, Growth and Opportunity: A Shadow Federal Budget for 2015," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 423, April.
    6. Marion Steele & Francois Des Rosiers, 2009. "Building Affordable Rental Housing in Unaffordable Cities: A Canadian Low-Income Housing Tax Credit," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 289, May.
    7. Pierre L. Siklos, 2009. "As Good As It Gets? The International Dimension to Canada's Monetary Policy Strategy Choices," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 292, July.
    8. William B.P. Robson & Alex Laurin, 2016. "Where the Bucks Stop: A Shadow Federal Budget for 2016," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 447, March.
    9. Gretchen Van Riesen, 2009. "The Pension Tangle: Achieving Greater Uniformity of Pension Legislation and Regulation in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 294, August.

    More about this item

    Keywords

    social policy; university postsecondary education; internal rate of return;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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