The Returns to Education: Microeconomics

By Colm Harmon, Hessel Oosterbeek, I. Walker. 2003

605 citations recorded by the source corpus.

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Citations in the corpus

Life-Cycle Earnings, Education Premiums, and Internal Rates of Return (2017, neutral): “21 Heckman et al. (2006) also discuss an alternative more-flexible approach for estimating the IRR based on a cross-section that does not require multiplicative separability of the earnings-schooling-experience relationship.”
Human Capital Measurement: A Survey (2010, background): “Harmon et al. (2003) find a wide cross-country variation of returns but conclude that ‘evidence on private returns to the individual is therefore compelling’ (p. 150).”
Economic Returns to Education: What We Know, What We Don't Know, and Where We Are Going Some Brief Pointers (2011, positive): “Since then hundreds of papers have been published estimating the return to education investment (see, for example, the reviews by Card (1999), Harmon, Oosterbeek, and Walker (2003), and the meta analysis of Ashenfelter, Harmon, and Oosterbeek (1999) for research on private returns to schooling; la…”
Educational mismatch, wages, and wage growth: Overeducation in Sweden, 1974-2000 (2009, methodology): “There are numerous examples of IV analyses of the return to education (see, e.g., Harmon et al. 2003 for a recent overview).”
The effect of education on poverty: A European perspective (2021, background): “, Harmon et al. (2003) for a set of estimates for European countries).”
Changes in Compulsory Schooling, Education and the Distribution of Wages in Europe (2009, positive): “In the European context, Harmon et al. (2003), use UK data and find that the returns to schooling are higher for those at the very top of the wage distribution compared to those at the very bottom.”
Returns to education in India: Some recent evidence (2012, positive): “‘complementarity’ between ability and education; if persons with higher ability earn more, the returns to those in the top deciles of the wage distribution would be higher (Harmon et al., 2003).”
Efficiency and equity of European education and training policies (2006, positive): “Efficiency: Higher education is generally associated with high returns on the labour market in terms of earnings and employability (cf., e.g., Card 1999; Harmon et al. 2003; OECD 2005a), suggesting that obtaining a higher education degree can be a highly efficient investment.”
The higher returns to formal education for entrepreneurs versus employees (2012, neutral): “This is not only the case when parental background variables are used as identifying instruments (Blackburn and Neumark 1993), but especially when changes in compulsory schooling laws are introduced such as in Angrist and Krueger (1991) or Oreopoulos (2006) (see Harmon et al. 2003: fig.”