Earnings returns to the British education expansion

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Permanent URL for this page: http://hdl.voced.edu.au/10707/185048.

Author: Devereux, Paul J.; Fan, Wen


We study the effects of the large expansion in British educational attainment that took place for cohorts born between 1970 and 1975. Using the Quarterly Labour Force Survey, we find that the expansion caused men to increase education by about a year on average and gain about eight per cent higher wages; women obtained a slightly greater increase in education and a similar increase in wages. Clearly, there was a sizeable gain from being born late enough to take advantage of the greater educational opportunities offered by the expansion. Treating the expansion as an exogenous increase in...  [+] Show more

Subjects: Outcomes; Gender; Income; Higher education

Keywords: Relevance of education and training; Academic achievement; Wage; Return on education and training

Geographic subjects: Great Britain; Europe

Published: Oxford, England: Elsevier, 2011

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Journal volume: 30

Journal number: 6

Journal date: December 2011

Pages: pp. 1153-1166

ISSN: 0272-7757

Resource type: Article

Peer reviewed: Yes

Call number: TD/TNC 106.288

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