| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8568 |
| DP8568 Returns to Education across Europe | |
| Viktor Steiner; Daniela Glocker | |
| 发表日期 | 2011-09-01 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ significantly regarding both their education systems and labour market structure. We estimate augmented Mincerian wage equations accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of the effect of education on unemployment duration. Overall, the returns to education are estimated to be the highest in the UK, and the lowest for Sweden. A wage decrease due to time spent in unemployment results in a decline in the hourly wages in Austria, Germany and Italy. |
| 主题 | Labour Economics |
| 关键词 | Returns to education Unemployment Eu-silc |
| URL | https://cepr.org/publications/dp8568 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537405 |
| 推荐引用方式 GB/T 7714 | Viktor Steiner,Daniela Glocker. DP8568 Returns to Education across Europe. 2011. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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