Does it pay to attend a prestigious university?

Arnaud Chevalier and Gavan Conlon

No 200320, Working Papers from School of Economics, University College Dublin

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; Education, Higher--Economic aspects; Wages--Effect of education on; Education, Higher--Finance (search for similar items in EconPapers)
JEL-codes: I20 I22 (search for similar items in EconPapers)
Date: 2003-08
References: Add references at CitEc
Citations: View citations in EconPapers (86)

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http://hdl.handle.net/10197/1263 First version, 2003 (application/pdf)

Related works:
Working Paper: Does it pay to attend a prestigious university? (2003)
Working Paper: Does it pay to attend a prestigious university? (2003)
Working Paper: Does It Pay to Attend a Prestigious University? (2003)
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