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The labour market returns to graduation: reconciling administrative and survey data estimates

Anna Adamecz, Matt Dickson and Nikki Shure

Economics of Education Review, 2025, vol. 108, issue C

Abstract: This paper contributes to the literature on the earnings returns to university graduation. Recent evidence using administrative earnings data from England suggests a zero return to graduation for men and positive returns to graduation for women in annual earnings at age 26. We show that once hours worked are taken into account – typically not available in administrative tax data – returns to graduation in hourly wages are considerably smaller for women than returns in annual wages at this age. Graduate women work more hours than comparable non-graduate women; thus, not taking hours worked into account leads to overestimating returns to graduation for women by more than two-fold. This highlights the importance of using both survey and administrative data sources when estimating the returns to university graduation.

Keywords: Returns to graduation; University; Gender differences; Survey data (search for similar items in EconPapers)
JEL-codes: I23 I26 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:108:y:2025:i:c:s0272775725000810

DOI: 10.1016/j.econedurev.2025.102701

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