THE RETURN TO HIGHER EDUCATION: EVIDENCE FROM ROMANIA

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15210%2F17%3A73581719" target="_blank" >RIV/61989592:15210/17:73581719 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

THE RETURN TO HIGHER EDUCATION: EVIDENCE FROM ROMANIA

Popis výsledku v původním jazyce

Education is one of the most important components of the human capital, and an important determinant of the personal income. Estimating the rate of return to education is a main topic of economic research. In this paper we analysed the rate of return to higher education in Romania using the well-known Mincer equation. Besides the educational level and the number of years of experience on the labour market we also used a series of socio-demographic variables such as gender, civil status, the area of residence. We were interested mainly in calculating the rate of return to higher education, therefore we computed this rate for bachelor, master and doctoral degrees separately. We also investigated the rate of return to higher education on technical, science, economics, law, medicine, and arts fields. Our results showed that the rate of return to higher education has a greater value than most of the developed countries of EU and the field of higher education that brings the highest rate of return is medicine.

Název v anglickém jazyce

THE RETURN TO HIGHER EDUCATION: EVIDENCE FROM ROMANIA

Popis výsledku anglicky

Education is one of the most important components of the human capital, and an important determinant of the personal income. Estimating the rate of return to education is a main topic of economic research. In this paper we analysed the rate of return to higher education in Romania using the well-known Mincer equation. Besides the educational level and the number of years of experience on the labour market we also used a series of socio-demographic variables such as gender, civil status, the area of residence. We were interested mainly in calculating the rate of return to higher education, therefore we computed this rate for bachelor, master and doctoral degrees separately. We also investigated the rate of return to higher education on technical, science, economics, law, medicine, and arts fields. Our results showed that the rate of return to higher education has a greater value than most of the developed countries of EU and the field of higher education that brings the highest rate of return is medicine.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

KNOWLEDGE FOR MARKET USE 2017: PEOPLE IN ECONOMICS – DECISIONS, BEHAVIOR AND NORMATIVE MODELS

ISBN

978-80-244-5233-3

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

15

Strana od-do

777-791

Název nakladatele

Palacky University, Olomouc

Místo vydání

Olomouc

Místo konání akce

Olomouc

Datum konání akce

7. 9. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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