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Advisor(s)
Abstract(s)
The study of Higher Education Institutions (HEI) impacts, until 1990s, only focused on
the short term impacts, i.e. the economic approach. In recent years, there has been a
more significant advance about the long term impacts of higher education, especially
concerning the human capital. The human capital analysis, developed by Schultz (1961)
and Becker (1993), estimates the increase in productivity and incomes for the individuals
due to the acquired knowledge and skills for attending an HEI. Following these authors,
Bluestone (1993) suggested that the creation of human capital for higher education
graduates can be estimated assuming that the wage is correlated only with the number
of official school years. In this paper, the human capital of the Portuguese higher
education graduate is determined, considering that the education premium (the
increased wage when compared with secondary education graduates) is due only to the
number of years in higher education.
Description
Keywords
Economic impact Higher education institution Education premium Human capital
Citation
Fernandes, Joana; Oliveira, Pedro; Cunha, Jorge (2010). The education premium of the Portuguese higher education graduate. In Proceedings of the 2nd Paris International Conference on Education, Economy and Society. Vol. 1, Paris, p. 200-210. ISBN 9782953384260