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Title: Who Benefits Most from a University Degree? A Cross-National Comparison of Selection and Wage Returns in the U.S., U.K. and Germany
Resulting in 1 citation.
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Flashman, Jennifer A. Luthra, Renee |
Who Benefits Most from a University Degree? A Cross-National Comparison of Selection and Wage Returns in the U.S., U.K. and Germany Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013 Cohort(s): NLSY79 Publisher: Population Association of America Keyword(s): College Degree; College Education; Cross-national Analysis; German Socio-Economic Panel (GSOEP); NCDS - National Child Development Study (British); Panel Study of Income Dynamics (PSID); Wages Permission to reprint the abstract has not been received from the publisher. Given limited resources and an extended recession, it is critical to understand what is gained from investments in post-secondary education. In this paper, we study the heterogeneous returns to post-secondary education across three unique country contexts. Drawing on panel data and matching techniques, we compare parallel analyses of the US, the UK, and Germany to discover how wage returns to a college degree differ depending on individuals’ propensities to complete university. Studying men in their later careers, we find important variation across countries. In both the UK and Germany, we find negative selection into university; those least likely to complete benefit most from completion. By contrast, in the US, at later ages, those most likely to complete benefit most from completion. In supplementary analysis, we show that at least some of this variation can be explained by differences in the size and prevalence of academic post-secondary sectors in each country. |
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Bibliography Citation
Flashman, Jennifer A. and Renee Luthra. "Who Benefits Most from a University Degree? A Cross-National Comparison of Selection and Wage Returns in the U.S., U.K. and Germany." Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013. |