RETURNS TO EDUCATION: THE GREEK EXPERIENCE, 1988-1999

Kyprianos Prodromidis (1) , Prodromos I. Prodromidis (2)

1 Centre of planning & economic research
2 Centre of Planning and Economic Research

The paper provides estimates of private rates of return to education in Greece derived from Mincerian-type earnings equations. The data come from the latest three household surveys of the country covering the 1988-1999 period. The empirical evidence suggests that: rates of return associated with female high school- and university graduates exceed the respective rates for male graduates; rates of return pertaining to tertiary education graduates are increasing over time, whereas the corresponding rates for secondary edu-cation graduates follow an inverted U-shaped pattern; and dropouts from any education degree end up with rates of return lower than the rates associated with the immediately preceding education level.

Mots clés: Social Sciences & Humanities

Kyprianos Prodromidis, Prodromos I. Prodromidis. RETURNS TO EDUCATION: THE GREEK EXPERIENCE, 1988-1999. Applied Economics, 2008, 40 (08), pp.1023-1030. ⟨10.1080/00036840600771197⟩. ⟨hal-00581993⟩