We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …

Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education … above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there … there is a demand for redistribution, the general equilibrium effects on relative wages might make a subsidy to education an …

Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education … above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there … there is a demand for redistribution, the general equilibrium effects on relative wages might make a subsidy to education an …

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in … Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a …

Formal education is widely thought to be a major determinant of individual earnings. This paper uses the American … Community Survey to examine the effect of formal schooling on worker wages. Given the potential endogeneity of education …

We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …

This paper explores students' expectations about the returns to completing higher education and provides first evidence … different stages of higher education. Our findings indicate substantial perceived returns to higher education. Moreover, by … education premia as well as evidence consistent with employer learning. …

This paper explores students' expectations about the returns to completing higher education and provides first evidence … stages of higher education. Our findings indicate substantial perceived returns to higher education. Moreover, using within …-enhancing (human capital) returns seem to be less pronounced. Over the expected course of career, we find lasting education premia as …