Citation:
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [ISSN:] 1864-6042 [Volume:] 5 [Issue:] 2011-12 [Publisher:] Kiel Institute for the World Economy (IfW) [Place:] Kiel [Year:] 2011 [Pages:] 1-21
Abstract:
This paper employs the Ordinary Least Squares, Instrumental Variables and Treatment Effect models to a new dataset from the Vietnam Household Living Standards Survey (VHLSS) to estimate return to four-year university education in 2008. Our estimates reveal that income premium of four-year university education is about 97 percent above that of high school education, and robust to the various estimators.