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Martins, Joaquim Oliveira; Boarini, Romina; Strauss, Hubert; de la Maisonneuve, Christine; Saadi, Clarice – OECD Publishing (NJ1), 2007
This paper assesses how policies and institutions affect private returns to invest in tertiary human capital, the ability of individuals to finance this investment and the institutional characteristics of tertiary education systems. Focusing on core tertiary education services, the paper presents new measures of private returns to tertiary…
Descriptors: Postsecondary Education, Human Capital, Institutional Characteristics, Foreign Countries
Boarini, Romina; Strauss, Hubert – OECD Publishing (NJ1), 2007
This study provides estimates of the private Internal Rates of Return (IRR) to tertiary education for women and men in 21 OECD countries, for the years between 1991 and 2005. IRR are computed by estimating labour market premia on cross-country comparable individual-level data. Labour market premia are then adjusted for fiscal factors and education…
Descriptors: Postsecondary Education, Labor Market, Foreign Countries, Outcomes of Education
Strauss, Hubert; de la Maisonneuve, Christine – OECD Publishing (NJ1), 2007
This paper presents cross-section estimates of gross hourly wage premia on tertiary education. They are based on a unified framework for 21 OECD countries from the 1990s to the early 2000s and use international household surveys to maximise international comparability. The results of the "augmented" Mincerian wage equations point to an…
Descriptors: Wages, Postsecondary Education, Human Capital, Outcomes of Education