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
Citation
Patrinos, H. A., & Rivera-Olvera, A. (2024). The Returns to Education over time and the Effect of COVID-19. Education Reform Faculty and Graduate Students Publications. Retrieved from https://scholarworks.uark.edu/edrepub/174
Included in
Educational Assessment, Evaluation, and Research Commons, Educational Leadership Commons, Other Educational Administration and Supervision Commons