TY - JOUR
T1 - Returns to Postgraduate Education in Japan
AU - Suga, Fumihiko
N1 - Publisher Copyright:
© 2019 Japanese Economic Association
PY - 2019/1/1
Y1 - 2019/1/1
N2 - Using three household surveys, the Japanese Panel Survey of Consumers (JPSC), the Working Person Survey (WPS) and the Survey of Adult Skills (PIAAC), this study estimates the returns to postgraduate education in Japan, considering potential self-selection bias. To mitigate the bias, workers’ undergraduate majors, types of university and level of cognitive skills are controlled for. These factors explain 6.3 to 29.2% of the postgraduate wage premium for women but at most 10.9% for men. Even after controlling for these factors, the postgraduate wage premium remains positive and significant, ranging from 16.5 to 23.7% for men and 13.5 to 26.4% for women.
AB - Using three household surveys, the Japanese Panel Survey of Consumers (JPSC), the Working Person Survey (WPS) and the Survey of Adult Skills (PIAAC), this study estimates the returns to postgraduate education in Japan, considering potential self-selection bias. To mitigate the bias, workers’ undergraduate majors, types of university and level of cognitive skills are controlled for. These factors explain 6.3 to 29.2% of the postgraduate wage premium for women but at most 10.9% for men. Even after controlling for these factors, the postgraduate wage premium remains positive and significant, ranging from 16.5 to 23.7% for men and 13.5 to 26.4% for women.
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U2 - 10.1111/jere.12227
DO - 10.1111/jere.12227
M3 - Article
AN - SCOPUS:85066129908
SN - 1352-4739
JO - Japanese Economic Review
JF - Japanese Economic Review
ER -