Document Type

Report

Publication Date

9-2024

Keywords

Pandemics; Human Capital; Returns to Education; Labor Markets; COVID-19

Abstract

This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly for men and those with university education. The returns to university for men increased by 1 percentage points. The results underscore the importance of continued investment in education to mitigate the adverse effects of future crises.

Series Title

EDRE Working Paper

Series Number

2024-06

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