IDEAS home Printed from https://ideas.repec.org/p/oec/eduaaf/27-en.html
   My bibliography  Save this paper

What Are the Earnings Advantages from Education?

Author

Listed:
  • OECD

Abstract

Rising levels of tertiary attainment seem not to have led to an “inflation” eroding the labour-market value of qualifications. However, tertiary graduates have the highest relative earnings advantage when they live in a country with low tertiary attainment rates. On average, compared to those with an upper secondary education, tertiary-educated adults earn about 1.6 times more than their peers, while individuals without an upper secondary education earn 24% less. Higher educational attainment and literacy skills increase earnings, but the advantages are more pronounced for men than for women and seem to increase as adults get older. The crisis has widened the wage gap between less educated and highly educated individuals: across OECD countries, the average difference in earnings from employment between these two groups increased from 75 percentage points in 2008 to 79 percentage points in 2012. Qualifications are more rewarded than skills: attaining a higher level of education has a stronger positive impact on earnings than better literacy proficiency.

Suggested Citation

  • Oecd, 2014. "What Are the Earnings Advantages from Education?," Education Indicators in Focus 27, OECD Publishing.
    • Handle: RePEc:oec:eduaaf:27-en
    DOI: 10.1787/5jxrcllj8pwl-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5jxrcllj8pwl-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5jxrcllj8pwl-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Silla, Anne & Kallberg, Veli-Pekka, 2016. "Effect of railway safety education on the safety knowledge and behaviour intention of schoolchildren," Evaluation and Program Planning, Elsevier, vol. 55(C), pages 9-16.
    2. Alexandru-Emil POPA & Daniel URITU, 2014. "Evaluating The Information Society In Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 763-771, November.
    3. Geppert, Christian, 2015. "On the Distributional Implications of Demographic Change," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113070, Verein für Socialpolitik / German Economic Association.
    4. Andreu, Laura & Pütz, Alexander, 2015. "Choosing two business degrees versus choosing one: What does it tell about mutual fund managers' investment behavior?," CFR Working Papers 12-01 [rev.], University of Cologne, Centre for Financial Research (CFR).
    5. Husein Abdul-Hamid & Sarah Mintz & Namrata Saraogi, 2017. "From Compliance to Learning," World Bank Publications - Books, The World Bank Group, number 26331.
    6. Strohmaier, R. & Rainer, A., 2016. "Studying general purpose technologies in a multi-sector framework: The case of ICT in Denmark," Structural Change and Economic Dynamics, Elsevier, vol. 36(C), pages 34-49.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:eduaaf:27-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/deoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.