This paper provides estimates of the impact of higher education qualifications on the earnings of graduates in the UK …

undergraduate degree subjects, degree class, and in particular the selectivity of the subject at the Higher Education Institution …

This paper examines the parallel trends in education and labour market developments in Australia and Britain. It uses … the conventional overeducation variables can. The paper finds that the prevalence of overskilling decreases with education … at least for Australia, but the wage penalty associated with overskilling increases with education. Although the general …

college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We …

This paper estimates the return to education using two alternative instrumental variable estimators: one exploits … differ and which is more appropriate for drawing conclusions about the return to education in Britain. I implement each … it provides a better estimate of the average effect of additional education, akin to ordinary least squares but corrected …

We consider identification and estimation of nonseparable sample selection models with censored selection rules. We … conditions under which these objects are appropriate for the total population. We also present results regarding the estimation … strategies for estimation. We also provide the associated asymptotic theory. These strategies are illustrated in an empirical …

to college education. We argue that Duncan and Hoffman's augmented wage equation the workhorse model in the overeducation … literature in which wages are regressed on years of overschooling, years of required schooling and years of underschooling is at … best loosely related to this original motivation. We discuss measurement and estimation issues and give an overview of the …

education. Furthermore, the authors find that premarket locus of control, defined as locus of control measured at the time of … schooling ­ before the individual enters the labor market ­ does not significantly affect later wages after controlling for … education decisions. In light of the existing literature, which finds mostly positive effects of contemporaneous locus of …