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Ioannis Cholezas; Nikolaos C. Kanellopoulos – Education Economics, 2024
This paper estimates returns to education during a period of sharp wage cuts in Greece, considering both the endogenous nature of education and women's self-selection. Findings suggest that dramatic wage declines were followed by sharp decreases in returns to education, while the documented convergence of returns between genders is an added…
Descriptors: Foreign Countries, Outcomes of Education, Wages, Economic Factors