Returns to Postgraduate Education in Japan

Research output: Contribution to journalArticle

Abstract

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.

Original languageEnglish
JournalJapanese Economic Review
DOIs
Publication statusPublished - Jan 1 2019

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Japan
Education
Factors
Wages
Premium
Workers
Household survey
Self-selection bias
Undergraduate
Cognitive skills

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Cite this

Returns to Postgraduate Education in Japan. / Suga, Fumihiko.

In: Japanese Economic Review, 01.01.2019.

Research output: Contribution to journalArticle

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