Arbeitspapier

The earnings returns to graduating with honors: Evidence from law graduates

This paper studies the causal effects of graduating from university with an honors degree on subsequent earnings. While a rich body of literature has focused on estimating returns to human capital, few studies have analyzed returns at the very top of the education distribution. We highlight the importance of honors degrees for future labor market success in the context of German law graduates. Using a difference-in-differences research design combined with entropy balancing, we find that students of law who passed the state bar exam with an honors degree receive a significant earnings premium of about 14 percent. The results are robust to various sensitivity analyses.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 1431

Klassifikation
Wirtschaft
Labor Economics: General
Wage Level and Structure; Wage Differentials
Professional Labor Markets; Occupational Licensing
Thema
returns to education
difference-in-differences
entropy balancing
law graduates
earnings

Ereignis
Geistige Schöpfung
(wer)
Freier, Ronny
Schumann, Mathias
Siedler, Thomas
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Freier, Ronny
  • Schumann, Mathias
  • Siedler, Thomas
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2014

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