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The Education Premium in Canada and the United States

John Burbidge, Lonnie Magee () and A. Robb ()

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

Abstract: It is well known that in the United States the education premium--the ratio of the earnings of university graduates to the earnings of high school graduates--has risen sharply in the last twenty years. Some Canadian economists and policy makers presume the same fact holds in Canada. Since so much of modern growth theory and micro and macroecomomic policy turns on the education premium, it is important for social scientists and policy makers to know what has actually happened to the education premium. This paper argues that on the basis of available evidence over the last twenty years the premium has been constant or has fallen in Canada.

Keywords: education; premium (search for similar items in EconPapers)
JEL-codes: I2 J31 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2001-10
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Journal Article: The Education Premium in Canada and the United States (2002) Downloads
Working Paper: The Education Premium in Canada and the United States (2001) Downloads
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