Three Measures of Returns to Education: An Illustration for the Case of Spain

Autor/inn/en	Arrazola, Maria; de Hevia, Jose
Titel	Three Measures of Returns to Education: An Illustration for the Case of Spain
Quelle	In: Economics of Education Review, 27 (2008) 3, S.266-275 (10 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2006.10.004
Schlagwörter	Wages; Foreign Countries; Outcomes of Education; Case Studies; Human Capital; Educational Benefits; Educational Status Comparison; Statistical Surveys; Data Interpretation; Spain + Suchen Sie Ihr Suchwort? Wage; Löhne; Ausland; Lernleistung; Schulerfolg; Case study; Fallstudie; Case Study; Humankapital; Bildungsertrag; Soziokultureller Vergleich; Statistische Erhebung; Data evaluation; Datenauswertung; Spanien
Abstract	In this article, in a context of wage equations with sample selection, we propose a novel interpretation of the partial effects linked to education as additional measures of returns to education that complement the traditional one, which is directly obtained from the estimation of the wage offer equation. Using European Household Panel data for Spain these partial effects were calculated. The results show that there are incentives in Spain for investing in education not only because it means an increase in wages but also because it raises the probability of obtaining any wage at all. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10