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Does It Pay to Attend a Prestigious University?

Arnaud Chevalier and Gavan Conlon
Additional contact information
Gavan Conlon: affiliation not available

No 848, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the returns to quality. These results somehow justify the recent introduction of top-up fees. Additionally, identification strategy matters and OLS estimates may be severely biased. However, our estimates, based on propensity score matching, are imprecise due to the thinness of the common support.

Keywords: higher education quality; tuition fees (search for similar items in EconPapers)
JEL-codes: I20 I22 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2003-08
New Economics Papers: this item is included in nep-edu and nep-lab
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Citations: View citations in EconPapers (87)

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Working Paper: Does it pay to attend a prestigious university? (2003) Downloads
Working Paper: Does it pay to attend a prestigious university? (2003) Downloads
Working Paper: Does it pay to attend a prestigious university? (2003) Downloads
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