Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on the wages of native-born workers in the UK. This is...

In this paper we apply a semi-parametric approach (quantile regression - QR) to the last 2007 wave of the EU-SILC data set, in order to explore the connection between education and wage inequality in 8 European countries. We find that wages increase with education and this holds true across the...

In this paper we investigate whether inequality in the inter-industry wage premia may be explained by unobserved differences in workers’ educational skills. We use the 2007 EU-SILC data set for Portugal, a nation which can be considered a case-study, due to its high inter-industry wage...

Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...

Since the mid-1990s college tuition costs have risen quickly while the rate of increase in the value of education has slowed considerably. Cecilia Rouse and Lisa Barrow explore the reasons and ask if college remains a good investment.

The impact of compulsory schooling laws as well as the abolition of early selection by ability remain important issues in the educational debate. These issues were the focus of a major education reform in Sweden which was implemented in the 60s. The reform was preceded by a ``social experiment''...

This paper uses UK data to estimate the returns to schooling. We address the endogeneity of schooling by exploiting the experimental nature of two changes in the minimum school leaving age to instrument eduction. The corrected estimates of the return to education indicate the presence of a large...

This paper reports labour market returns to education in Bangladesh using data from recent nationwide household survey. Returns are estimated separately for rural and urban samples, males, females and private-sector employees. Substantial heterogeneity in returns is observed; for example,...

This paper surveys the empirical evidence on casual effects of education on earnings for Germany and compares alternatie studies in the light of their underlying identifying assumptions. We work out the different assumptions taken by various studies, which lead to rather different...