Dai, Fengyan; Cai, Fang; Zhu, Yu - 2018
China experienced a 47% expansion in higher education enrolment between 1998 and 1999, and a six-fold expansion in the … returns to higher education in China. We find that the mean years of education increased by roughly one full year around the … education induced by the 1999 higher education expansion increases monthly wage income by 21%, whereas the corresponding OLS …