Bratti, Massimiliano; Naylor, Robin; Smith, Jeremy - Department of Economics, University of Warwick - 2007
rationale for the latter element comes from evidence of a high private return to university undergraduate degrees. However, much … of this evidence pre-dates the rapid expansion in the graduate population. In the current paper, we use evidence from a … cohort of people born in 1970 to estimate hourly wage returns to a university degree. Among other results, we ?nd (i) that …