Regression, matching, control function and instrumental variables methods for recovering the impact of education on … find an average return of 27% for those completing higher education versus anything less. Compared to stopping at 16 … without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. …

expected, students who perceive the monetary returns to education to be higher are more likely to intend to continue in full …-time education. However, the main driver is the perceived consumption value, which alone explains around half of the variation of the … intention to pursue higher education. Moreover, the perceived consumption value can account for a substantial part of both the …

assumptions we find convincing evidence of an increase in inequality within education groups, changes in the return to education …

We consider the impact of tax credits and income support programs on female education choice, employment, hours and …. We find important incentive effects on education choice and labour supply, with single mothers having the most elastic … especially for women with more than basic formal education. For those with lower education the welfare programs are shown to have …