| 来源类型 | Working Paper
|
| 规范类型 | 报告
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| DOI | 10.3386/w26959
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| 来源ID | Working Paper 26959
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| The Labor Market Returns to Advanced Degrees |
| Joseph G. Altonji; Ling Zhong
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| 发表日期 | 2020-04-13
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| 出版年 | 2020
|
| 语种 | 英语
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| 摘要 | We estimate the labor market return to an MBA, a JD, and master’s in engineering, nursing, education, psychology and social work, and thirteen other graduate degrees. To control for heterogeneity in preferences and ability, we use fixed effects for combinations of field-specific undergraduate and graduate degrees obtained by the last time we observe an individual. Basically, we compare earnings before the graduate degree to earnings after the degree. We find large differences across graduate fields in earnings effects, and more moderate differences in internal rates of return that account for program length and tuition. The returns often depend on the undergraduate major. The contribution of occupational upgrading to the earnings gain varies across degrees. Finally, simple regression-based estimates of returns to graduate fields are often highly misleading. |
| 主题 | Health, Education, and Welfare
; Education
; Labor Economics
; Labor Supply and Demand
; Labor Compensation
|
| URL | https://www.nber.org/papers/w26959
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584632
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推荐引用方式
GB/T 7714 |
Joseph G. Altonji,Ling Zhong. The Labor Market Returns to Advanced Degrees. 2020.
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文件名：
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w26959.pdf
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格式：
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Adobe PDF
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