 Evolution of private returns to tertiary education during transition: evidence from SloveniaTjaša Bartolj, Aleš AhCan, Aljoša Feldin and Sašo Polanec Post-Communist Economies, 2013, vol. 25, issue 3, 407-424 Abstract: This article analyses the evolution of private returns to tertiary education during the period of transition from a socialist to a market economy using the personal income tax data of all Slovenian workers employed between 1994 and 2008. We document a rich interplay between supply and demand in the labour markets of high school and university graduates. We show that, in spite of significant increases in the labour supply, the demand for university graduates outweighed this and increased the rates of return in the early period of transition (1994--2001), while in the later period (2001--08) the opposite was the case. We also provide evidence of considerable heterogeneity in rates of return between genders, levels and fields of study, with particularly large (low) returns to the fields that were suppressed (favoured) during socialism. These initial differences in returns have, however, gradually declined. Date: 2013 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:pocoec:v:25:y:2013:i:3:p:407-424 Ordering information: This journal article can be ordered from DOI: 10.1080/14631377.2013.813147 Access Statistics for this article Post-Communist Economies is currently edited by Roger Clarke More articles in Post-Communist Economies from Taylor & Francis Journals |
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