On the Measurement of Private Rates of Return to Education / Ein Ansatz zur Messung privater Bildungsrenditen

On the Measurement of Private Rates of Return to Education / Ein Ansatz zur Messung privater... Summary In many countries on the European continent, it is feared that public funding of tertiary education (university and non-university) leads to an undesirable redistribution of income “from the bottom up”. The calculation of private rates of return is one way of answering this and other questions. This article proposes a new model for calculating private rates of return to education, which on the one hand takes into account the influence of existing wage structures and such institutional factors as the cost of education and the fiscal system, and on the other hand produces results that are relatively easy to interpret at the economic policy level. The first empirical results for Switzerland indicate that once educational costs have been deducted, wage-earning advantages would be too insignificant for it to be possible to speak of redistribution of income „from the bottom up“ in any meaningful way. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Jahrbücher für Nationalökonomie und Statistik de Gruyter

On the Measurement of Private Rates of Return to Education / Ein Ansatz zur Messung privater Bildungsrenditen

Loading next page...
 
/lp/de-gruyter/on-the-measurement-of-private-rates-of-return-to-education-ein-ansatz-9VOmoa4MlK
Publisher
de Gruyter
Copyright
Copyright © 1999 by the
ISSN
0021-4027
eISSN
2366-049X
DOI
10.1515/jbnst-1999-5-605
Publisher site
See Article on Publisher Site

Abstract

Summary In many countries on the European continent, it is feared that public funding of tertiary education (university and non-university) leads to an undesirable redistribution of income “from the bottom up”. The calculation of private rates of return is one way of answering this and other questions. This article proposes a new model for calculating private rates of return to education, which on the one hand takes into account the influence of existing wage structures and such institutional factors as the cost of education and the fiscal system, and on the other hand produces results that are relatively easy to interpret at the economic policy level. The first empirical results for Switzerland indicate that once educational costs have been deducted, wage-earning advantages would be too insignificant for it to be possible to speak of redistribution of income „from the bottom up“ in any meaningful way.

Journal

Jahrbücher für Nationalökonomie und Statistikde Gruyter

Published: Oct 1, 1999

There are no references for this article.

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create folders to
organize your research

Export folders, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month