Studying abroad experience and the wages of females
- authored by
- Zhanylai Asankulova, Stephan Thomsen
- Abstract
Studying abroad acts as investment in human capital and ideally outweighs associated investment costs due to higher earnings or related non-monetary benefits. We estimate monetary returns to studying abroad for female graduates 1 and 5 years after graduation. The empirical estimates—based on panel data from four graduate cohorts in 1997, 2001, 2005, and 2009—confirm positive returns to studying abroad. Mobile females earn 3.2% higher wages compared to non-mobiles at labor market entry. These initial wage gains tend to improve further over time, resulting in about 4.0% higher earnings for mobile females 5 years after graduation. Detailed consideration of different socio-economic groups reveals that female graduates from non-academic backgrounds and females majoring in social sciences benefit most. Studying abroad, therefore, has positive effects on later income of female graduates.
- Organisation(s)
-
Leibniz Research Centre Science and Society (LCSS)
Institute of Economic Policy
- Type
- Article
- Journal
- Higher education
- Volume
- 87
- Pages
- 401-431
- No. of pages
- 31
- ISSN
- 0018-1560
- Publication date
- 02.2024
- Publication status
- Published
- Peer reviewed
- Yes
- ASJC Scopus subject areas
- Education
- Electronic version(s)
-
https://doi.org/10.1007/s10734-023-01013-z (Access:
Open)