This paper reports that between 2008 and 2009, unemployment rates across OECD countries increased among people at all educational levels, but rose to especially troubling heights among people without an upper secondary education. In 2009, the average employment rate across OECD countries was much higher for individuals with a tertiary (i.e.…

In Germany, students are streamed at age ten into an academic or nonacademic track. We demonstrate that the randomly allocated disadvantage of being born just before as opposed to just after the cutoff date for school entry leads to substantially different schooling experiences. Relatively young students are initially only two-thirds as likely to…

This paper presents cross-section estimates of gross hourly wage premia on tertiary education. They are based on a unified framework for 21 OECD countries from the 1990s to the early 2000s and use international household surveys to maximise international comparability. The results of the "augmented" Mincerian wage equations point to an…

Examines the relationship of earnings and family background, based on Greece's 1977 Special Wages and Salaries Survey. Tests whether returns to education differ significantly according to an individual's socioeconomic background. Contrary to findings for the United Kingdom and the United States, there is a positive relationship between the…