Social Returns to Education Evidence from Italian Local Labor Market Areas

32 Pages Posted: 2 Feb 2006

See all articles by Alberto Dalmazzo

Alberto Dalmazzo

University of Siena - Department of Economics

Guido de Blasio

Bank of Italy

Date Written: August 2003

Abstract

The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling for individual characteristics, local average human capital is positively correlated with individual wages, with estimated social returns between 2 and 3 percent. This result is robust to alternative estimation methods and does not seem to depend on endogenous sorting. The paper also shows that social returns are higher in the lagged areas of the south of Italy.

Keywords: Education Wages Human Capital

JEL Classification: R0 J3 O1 O4

Suggested Citation

Dalmazzo, Alberto and de Blasio, Guido, Social Returns to Education Evidence from Italian Local Labor Market Areas (August 2003). Available at SSRN: https://ssrn.com/abstract=880192 or http://dx.doi.org/10.2139/ssrn.880192

Alberto Dalmazzo (Contact Author)

University of Siena - Department of Economics ( email )

Piazza S. Francesco, 7
Siena, I-53100
Italy
+39 0577 232 697 (Phone)

Guido De Blasio

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
64
Abstract Views
510
rank
439,888
PlumX Metrics