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Returns to education in Spain: Some evidence on the endogeneity of schooling

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dc.contributor.author Arrazola Vacas, María
dc.contributor.author Hevia Payá, José de
dc.contributor.author Risueño, M.
dc.contributor.author Sanz Sanz, José Félix
dc.date.accessioned 2016-08-25T09:45:13Z
dc.date.available 2016-08-25T09:45:13Z
dc.date.issued 2003
dc.identifier.citation Arrazola Vacas, M., De Hevia, J., Risueño, M., & Sanz Sanz, J. F. (2003). Returns to education in Spain: Some evidence on the endogeneity of schooling. Education Economics, 11(3), 293-303. spa
dc.identifier.issn 09645292
dc.identifier.uri http://hdl.handle.net/11268/5680
dc.description.abstract In this article, rates of return to education for Spanish male employees are calculated and compared using different methods. We derive rates of return from the estimation of three alternative models of human capital. The rates of return obtained by each of these models are different when they are calculated by least squares. Nevertheless, when the endogeneity of education is considered, the rates of return obtained from each of these models are approximately the same, reaching a value close to 9%. In addition, we compute internal rates of return on investments in education. We find that, on average, social returns are about two points lower than private ones. spa
dc.description.sponsorship Sin financiación spa
dc.language.iso eng spa
dc.title Returns to education in Spain: Some evidence on the endogeneity of schooling spa
dc.type article spa
dc.description.impact 0.176 SJR (2003) Q3, 247/364 Education; Q4, 261/321 Economics and econometrics spa
dc.identifier.doi 10.1080/0964529032000148818
dc.rights.accessRights closedAccess spa
dc.subject.uem Educación spa
dc.subject.uem Capital humano spa
dc.subject.unesco Educación spa
dc.subject.unesco Capital social spa
dc.description.filiation UEM spa
dc.peerreviewed Si spa


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