Arbeitspapier
Returns to higher education and dropouts: A double machine learning approach
This paper provides estimates of the short-term individual returns to Higher Education (HE) in the United Kingdom, focusing on the effects of attending HE on the labour market outcomes for dropouts. Results show differential labour market outcomes for dropouts vs. individuals who have never attended HE, where outcomes are employment, wages and occupational status. I find that female dropouts, on average, have a higher occupational status than those who have never participated in HE, but do not experience a wage premium. Conversely, male dropouts experience a wage premium relative those who have never participated in HE, but the effect on occupational status is comparatively small. The evidence is mixed, however, as both male and female dropouts are more likely to be unemployed, though the effect is larger for males.
- Language
-
Englisch
- Bibliographic citation
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Series: ZEW Discussion Papers ; No. 20-084
- Classification
-
Wirtschaft
Higher Education; Research Institutions
Returns to Education
Wage Level and Structure; Wage Differentials
- Subject
-
university education
higher education
graduation
dropout
returns to education
- Event
-
Geistige Schöpfung
- (who)
-
McNamara, Sarah
- Event
-
Veröffentlichung
- (who)
-
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
- (where)
-
Mannheim
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- McNamara, Sarah
- ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
Time of origin
- 2020
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The Return to College: Selection Bias and Dropout Risk
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Employing Machine Learning Algorithms to build Trading Strategies with higher than Risk-Free Returns
Dropout intention: a valid predictor of actual dropout?
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Model Averaging and Double Machine Learning
Labor-Market Returns to Higher Vocational Schooling