Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

Not much is known about higher technical education in England, but current education policy looks positively at it to improve labour productivity and social mobility. We provide updated estimates of individual earnings differentials associated with such education, compared to achieving degrees, for all secondary school leavers in 2003. We find an…

Blue-collar employment growth increases schooling opportunities by raising incomes, but also reduces incentives for some students to advance beyond compulsory education. These contradictory influences may help to explain relatively slow and uneven growth of progression to upper-secondary schooling in Vietnam, which has experienced a foreign…

This paper explores the relationship between English language skills and earnings among workers in urban China using micro-data from the 2015 China General Social Survey. Using OLS and 2SLS regressions, we find that there are positive economic returns to English language skills (both listening and speaking) among workers in urban China. We also…

This paper looks at the joint impact of labour market risk and selection into employment on returns to education estimates. The risk-adjusted returns to both high school and college for males are larger than unadjusted returns. For females, risk leads to an increase in returns to high school but to a "decrease" in the returns to college…

In this paper, I assess labor market returns of a substantial skill upgrade: college enrollment of the vocationally trained, non-traditional students who do not have the formal entry requirement. Using propensity-score-adjusted regressions and the National Educational Panel Study, I find that these enrollees face high opportunity costs as they…

This study explores the effects on earnings of overeducation, required education, and undereducation (ORU) in the Australian graduate labour market, using data from the 1999-2009 Graduate Destination Surveys. The Vahey [2000. "The Great Canadian Training Robbery: Evidence on the Returns to Educational Mismatch." "Economics of…

Several studies have considered whether American college students' hold "realistic" wage expectations. The consensus is that they do not--overestimation of future earnings is in the region of 40-50%. But is it just college students who overestimate the success they will have in the labor market, or is this something common to all…

In this study I examine the relationship between graduating from college with two majors rather than one and labor market earnings using the 2003 National Survey of College Graduates. Because institutions are heterogeneous both in terms of overall quality and in the availability of opportunities to double major, I attempt to control for such…

This paper is a numerical exploration of the following. Assume, in the European Union context, that decision-makers want to spend more on higher education via higher tuition fees, but also want payments to be deferred and income-contingent. There are several possible ways to achieve this. First, ask graduates to repay a fixed amount each year if…

This research examines the 'career progression' of individuals by studying how an individual's ranking within their cohort changes over their lifetime. We compare the relative position of individuals using educational test scores at ages 11 and 16 and earnings at ages 33 and 42. Our goal is to establish the contribution of early ability,…

The central theme of the paper is the question of whether graduates of business administration (BA) are better prepared for supervisory positions than non-BA economics graduates and consequently have a greater chance of acquiring supervisory positions and, when they have such positions, earn more. In order to answer this question, we use a…

This paper studies the extent of graduate overeducation in Australia utilising both the objective and mean methods. As well, the paper tests for non-linear returns to overeducation. It is found that the rates of graduate overeducation vary by both gender and with the methods utilised, and stand between 21% and 46%. Non-linear returns to…