Where versus what: college value-added and returns to field of study in further education

Aucejo, Esteban M., Hupkau, Claudia ORCID: 0000-0002-7545-3835 and Ruiz-Valenzuela, Jenifer ORCID: 0000-0002-7238-2074 (2022) Where versus what: college value-added and returns to field of study in further education. Journal of Human Resources. ISSN 0022-166X

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Abstract

We use administrative records on educational and labor market trajectories to estimate the value-added of English further education colleges in terms of educational and labor market outcomes and earnings returns to different fields of study taught at these colleges. We find that dispersion in college value-added in terms of labor market outcomes is moderate compared to differences in earnings returns across fields of study. We further show that value-added in labor market outcomes is correlated with value-added in academic outcomes. We conclude that in English further education, what one studies tends to matter more than where one does so.

Item Type:	Article
Official URL:	http://jhr.uwpress.org/
Additional Information:	© 2022 by the Board of Regents of the University of Wisconsin System
Divisions:	Centre for Economic Performance
Subjects:	L Education > LB Theory and practice of education H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory
JEL classification:	H - Public Economics > H7 - State and Local Government; Intergovernmental Relations > H75 - State and Local Government: Health, Education, and Welfare I - Health, Education, and Welfare > I2 - Education > I21 - Analysis of Education J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J24 - Human Capital; Skills; Occupational Choice; Labor Productivity J - Labor and Demographic Economics > J4 - Particular Labor Markets > J45 - Public Sector Labor Markets
Date Deposited:	31 Jan 2023 12:27
Last Modified:	12 Dec 2024 03:33
URI:	http://eprints.lse.ac.uk/id/eprint/118067

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