Does Higher Education Quality Matter in the UK?
A chapter in Factors Affecting Worker Well-being: The Impact of Change in the Labor Market, 2014, vol. 40, pp 257-292 from Emerald Publishing Ltd
Abstract This paper estimates the financial returns to higher education quality in the UK. To account for the selectivity of students to institution, we rely on a selection on observable assumption. We use several estimates including the Generalised Propensity Score (GPS) of Hirano and Imbens, which relies on a continuous measure of institutional quality. This highlights that the returns to quality are heterogeneous and mostly driven by high-quality institutions. Moving from an institution in the third quality quartile to a top quality institution is associated with a 7% increase in earnings.
Keywords: College quality; returns to education; generalised propensity score; I22; J31 (search for similar items in EconPapers)
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Working Paper: Does Higher Education Quality Matter in the UK? (2014)
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