The Returns to Higher Education in Britain
Institute for Fiscal Studies (IFS)
Institute for Fiscal Studies (IFS); University College London - Centre for Social and Economic Research on the Global Environment (CSERGE)
Richard W. Blundell
UCL; IFS; Institute for the Study of Labor (IZA); Centre for Economic Policy Research (CEPR)
The Economic Journal, Vol. 110, Issue 461, February 2000
We use British birth cohort panel data to examine the impact that degree level qualifications and other higher education qualifications have on the earnings of individuals in the medium to longer term. We compare the outcomes of these individuals with those of individuals who had the prospect of undertaking Higher Education but chose not to. Our approach involves "matching" these individuals according to observed characteristics which we have in the data, such as ability, family background and demographics, and then comparing outcomes between individuals who proved to have degree level qualifications and otherwise identical individuals who had the opportunity but did not.
JEL Classification: J24Accepted Paper Series
Date posted: January 15, 2001
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