Not All University Degrees Yield the Same Return: Private and Social Returns to Higher Education for Males in Spain

Xavi Ramos (), Josep Raymond () and Josep Oliver Alonso ()
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Josep Oliver Alonso: Departament d'Economia Aplicada, Universitat Autonoma de Barcelona

Working Papers from Department of Applied Economics at Universitat Autonoma of Barcelona

Abstract: In this paper we use micro data from the Spanish Family Expenditure Survey for 1990 to estimate, for the first time, the private and social rates of return of different university degrees in Spain. We compute internal rates of return and include investment on higher education financed by the public purse to estimate social rates of return. Our main finding is that, as presumed, there is large heterogeneity in rates of return amongst different university

JEL-codes: I21 J23 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1999-04
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:uab:wprdea:wpdea9904

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