University quality and labour market outcomes of Canadian youth
Authors: Joniada Milla
This paper estimates the wage returns to the Canadian university reputation and quality by using the Maclean’s magazine Best Overall Reputation ranking and a quality ranking based on the quality index constructed by Principal Component Analysis of a set of university characteristics. The main data source is the Youth in Transition Survey (YITS) for the years 1998-2008 and the outcome of interest is the hourly wage rate of Canadian youth. We find that returns to graduating from a high ranking university for women vary from 14 to 18 percent and up to 24 percent if graduating from a research-focused university but returns for men are not statistically significant.
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SubjectsEarnings, wages and non-wage benefitsEducation, skills and earningsEducation, training and learningEducational attainment and qualificationsEmployment and unemploymentJob training and apprenticeship programsStudent pathwaysWork transitions and life stages
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