Arbeitspapier
Are Austrian Returns to Education Falling Over Time?
In this paper we make a systematic presentation of returns to education in Austria for the period 1981-1997. We use consistent cross-sections from the Mikrozensus and find falling returns over time. These falling returns are not caused by changes in the sample design and reduced willingness to reveal personal incomes in the survey. Moreover, it is shown that especially returns to university education have fallen. If the focus is not on mean returns, but if we apply quantile regression techniques, interesting patterns emerge: returns are falling the most in the lowest quantiles, but remain almost constant in the highest quantiles. The overall picture of falling returns is consistent with a rise in the supply of highly-educated workers in the recent two decades.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 72
- Klassifikation
-
Wirtschaft
Wage Level and Structure; Wage Differentials
Analysis of Education
- Thema
-
Returns to education
quantile regression
sample selection
Bildungsertrag
Österreich
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fersterer, Josef
Winter-Ebmer, Rudolf
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fersterer, Josef
- Winter-Ebmer, Rudolf
- Institute for the Study of Labor (IZA)
Entstanden
- 1999
Ähnliche Objekte (12)
Evaluating an Innovative Redundancy-Retraining Project: The Austrian Steel Foundation
Long-term consequences of an innovative redundancy-retraining project: The Austrian Steel Foundation
Peer effects in Austrian schools
Peer effects in Austrian schools
Smoking, Discount Rates, and Returns to Education
Smoking, discount rates, and returns to education
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Longitudinal Data from Social Security Records in Austria
Longitudinal Data from Social Security Records in Austria
Assortative Mating and Divorce: Evidence from Austrian Register Data
Assortative mating and divorce: evidence from Austrian register data
Evaluating an Innovative Redundancy-Retraining Project: The Austrian Steel Foundation
Long-term consequences of an innovative redundancy-retraining project: The Austrian Steel Foundation
Peer effects in Austrian schools
Peer effects in Austrian schools
Smoking, Discount Rates, and Returns to Education
Smoking, discount rates, and returns to education
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Longitudinal Data from Social Security Records in Austria
Longitudinal Data from Social Security Records in Austria
Assortative Mating and Divorce: Evidence from Austrian Register Data
Assortative mating and divorce: evidence from Austrian register data
Evaluating an Innovative Redundancy-Retraining Project: The Austrian Steel Foundation
Long-term consequences of an innovative redundancy-retraining project: The Austrian Steel Foundation
Peer effects in Austrian schools
Peer effects in Austrian schools
Smoking, Discount Rates, and Returns to Education
Smoking, discount rates, and returns to education
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Do Austrian Men and Women Become more Equal? At Least in Terms of Labor Supply!
Longitudinal Data from Social Security Records in Austria
Longitudinal Data from Social Security Records in Austria
Assortative Mating and Divorce: Evidence from Austrian Register Data