Object's details: Internal Rate of Return on Investment in Higher Education in Europe

Description

• PLMET:
  
  http://confluence.man.poznan.pl/community/display/FBCMETGUIDE
• Title:
  
  
  Internal Rate of Return on Investment in Higher Education in Europe
• Group publication title:
  
  
  Wroclaw Review of Law, Administration & Economics. Vol. 11 (2021). Issue 1
• Creator:
  
  
  Jabłonowski, Janusz
  
• Subject and Keywords:
  
  
  higher education
   ;
  internal rate of return
   ;
  European Union
   ;
  Mincer wage equation
• Abstract:
  
  
  The study aims to update the well-settled issue in literature of rate of return on investment in higher education in Europe. The proposed approach slightly modifies the existing methodology based on the Mincer equation, using an updated set of data for the period 2014–2016 from the European Central Bank’s "Household Finance and Consumption Survey". The results obtained, ranging between 13% and 21%, are higher compared to historical records for the years 1996–2013. As for the microeconometric estimates of the Mincer-type equation, they are sound and comparable, although showing higher margins in relation to the recent figures. Thus, they may suggest an increasing trend in valuation and importance of human capital based on high school degree, especially for the Central–Eastern European Union countries, resulting probably from rapid economic and cultural convergence.
• Place of publishing:
  
  
  Wrocław
• Publisher:
  
  
  University of Wroclaw. Faculty of Law, Administration & Economics
• Contributor:
  
  
  Kozłowski, Artur
  :
  Redaktor,
• Date issued:
  
  2021
• Resource Type:
  
  
  text
   ;
  
  
  tekst
• Detailed Type:
  
  
  article
   ;
  
  
  artykuł
• Identifier:
  
  oai:repozytorium.uni.wroc.pl:140646  ; https://doi.org/10.2478/wrlae-2021-0010  ;
  eISSN 2084-1264
• Language:
  
  eng
• Abstract Language :
  
  eng
• Is version of:
  
  
  https://sciendo.com/pl/article/10.2478/wrlae-2021-0010
• Access rights:
  
  
  Attribution
   ;
  
  
  Uznanie autorstwa
• License:
  
  
  Creative Commons - Attribution (CC BY 4.0)
   ; https://creativecommons.org/licenses/by/4.0/deed.en  ;
  
  
  Creative Commons - Uznanie autorstwa (CC BY 4.0)
   ; https://creativecommons.org/licenses/by/4.0/deed.pl
• Rights holder:
  
  Copyright by 2021 Janusz Jablonowski, published by Sciendo
   ;
  Copyright by Wroclaw Review of Law, Administration & Economics, published by Sciendo
• Autor opisu:
  
  WR U/PAdks

Object is located in the collections:

Additional information

• Creation date: 2024-02-09
• Last modification date: 2024-09-12
• Content object's number of views: 57
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   ;
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• Download IIIF manifest:
  https://repozytorium.uni.wroc.pl/iiif-manifest/manifest/140646/PDF.json