The impact of university quality on wages of Russian university graduates

被引:18
作者
Roshchin, Sergey [1 ]
Rudakov, Victor [1 ]
机构
[1] Natl Res Univ, Higher Sch Econ, Moscow, Russia
来源
VOPROSY EKONOMIKI | 2016年 / 08期
关键词
higher education; university quality; returns to education; human capital; labor market; graduates' wages;
D O I
10.32609/0042-8736-2016-8-74-95
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article is devoted to the impact of university quality on graduates' wages. It combines the information on university, graduates' wages, socio-demographic characteristics with the data on Unified State Exam (USE) enrollment rates. It is shown that the graduates of high-quality universities have stable wage premium comparing with ordinary university graduates after controlling for academic, socio-demographic and labor market factors. One additional point at the university USE enrollment rate provides the graduates with 1,4-1,5% wage premium. Earnings obtained by the graduates of most selective universities are 23% higher compared with those of the low-quality universities. Impact of the university quality measured by its status is insignificant. Work experience is a more significant predictor of recent graduates' wages while the significance of the quality of university for recent graduates is lower than for the whole sample.
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页码:74 / 95
页数:22
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