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Does Higher Education Quality Matter in the UK?

Arnaud Chevalier

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: 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)
Date: 2014
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