Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/180627 
Authors: 
Year of Publication: 
2017
Series/Report no.: 
IZA Policy Paper No. 132
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Wage inequality is a highly debated topic in policy and academic circles. Policy makers typically consider that a policy promoting the equalization of education levels among the individuals of a society - pushing everybody towards tertiary education - is a good strategy to fight wage inequality. Academics are more pessimistic. This article stresses that a policy of "tertiary education for all" does not necessarily reduce the overall level of wage inequality. It may reduce wage inequality due to differences in education levels among individuals, but it may also increase wage inequality due to differences in unobserved abilities among individuals.
Subjects: 
education policy
wage inequality
quantile regression
JEL: 
I24
I28
J31
C21
Document Type: 
Working Paper

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