Returns to University Education: Evidence from a Dutch Institutional Reform

22 Pages Posted: 13 Jan 2007

See all articles by H. Dinand Webbink

H. Dinand Webbink

University of Amsterdam - Faculty of Economics and Business (FEB)

Abstract

In 1982 the duration of university education in the Netherlands was reduced from five to four years. This institutional reform is here used to estimate the causal effect of one year of university education on wages. I find that the fifth year of university education increased wages by 7%-9%. This differential is found by comparing wages of cohorts of graduates enrolling five years before and five years after the reform in a difference-in-differences approach.

Suggested Citation

Webbink, H. Dinand, Returns to University Education: Evidence from a Dutch Institutional Reform. Economica, Vol. 74, No. 293, pp. 113-134, February 2007, Available at SSRN: https://ssrn.com/abstract=956970 or http://dx.doi.org/10.1111/j.1468-0335.2006.00534.x

H. Dinand Webbink (Contact Author)

University of Amsterdam - Faculty of Economics and Business (FEB) ( email )

Roetersstraat 11
Amsterdam, 1018 WB
Netherlands

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