The Returns to Education over time and the Effect of COVID-19

Harry Patrinos and Angelica Rivera-Olvera

No 1496, GLO Discussion Paper Series from Global Labor Organization (GLO)

Abstract: This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly for men and those with university education. The returns to university for men increased by 1 percentage points. The results underscore the importance of continued investment in education to mitigate the adverse effects of future crises.

Keywords: Pandemics; Human Capital; Returns to Education; Labor Markets; COVID (search for similar items in EconPapers)
JEL-codes: E24 J11 J17 J31 (search for similar items in EconPapers)
Date: 2024
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https://www.econstor.eu/bitstream/10419/303153/1/GLO-DP-1496.pdf (application/pdf)

Related works:
Working Paper: The Returns to Education over Time and the Effect of COVID-19 (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:1496

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