Investment in human capital is a central issue in the literature on economic growth. The purpose of this study is to shed light on the economic incentives for investment in university education across countries. An empirical investigation of earnings for private-sector engineers and business...

Using a large and novel administrative dataset, this paper investigates variation in returnsto different higher education 'degrees' (subject-institution combinations) in the United King-dom. Conditioning on a rich set background characteristics, it finds substantial variation inreturns, even...