大学学位值得追求吗?:证据来自BHPS数据集

Proceedings of the 8th International Conference on E-business, Management and Economics Pub Date : 2017-10-27 DOI:10.1145/3157754.3157779

Fengyuan Pan

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引用次数: 0

摘要

自上世纪90年代以来，教育回报已成为一个热门话题。在本文中，我们首先提出了OLS估计，它表明，额外一年的学校教育可以增加8-9%的月工资。然而，由于受教育年限的内生性造成的偏差，也提出了2SLS估计。2SLS的结果显示，额外一年的教育可以带来7.3%的回报，这与安格里斯特和克鲁格的估计相吻合。[1]利用我们的数据结果，我们还估算了自2012年以来英国大学学费上涨的情况下，攻读大学学位是否值得，并发现大学学位的平均回报略低于机会成本。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Is a College Degree Worth Pursuing?: Evidence from BHPS Dataset

The returns to education have become a hot topic since the 1990s. In this paper, we first present the OLS estimates and it shows that an additional year of schooling can increase monthly wages by 8-9%. However, because of the bias that is caused by the endogeneity of years of schooling, 2SLS estimates are also presented. The results from 2SLS show a 7.3% return to an additional year of education, which coincides with Angrist and Krueger's estimates. [1] Using the results from our data, we also estimate whether it is worthwhile pursuing a college degree with the increase in college tuition fee since 2012 in the UK, and find that on average the returns to a college degree is slightly lower than the opportunity costs.

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Proceedings of the 8th International Conference on E-business, Management and Economics

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