Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101930
Authors: 
Chevalier, Arnaud
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8363
Abstract: 
This paper estimates the financial returns to higher education quality in the UK. To account for the selectivity of students to institution, we rely on a selection on observable assumptions. We use several estimates including the Generalised Propensity Score of Hirano and Imbens, which relies on a continuous measure of institutional quality. This highlights that the returns to quality are heterogenous, and mostly driven by high quality institutions. Moving from an institution in the 3rd quality quartile to a top quality institution is associated with a 7% increase in earnings.
Subjects: 
college quality
returns to education
generalised propensity score
JEL: 
I22
J31
Document Type: 
Working Paper

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