| 中国高等教育投资风险和收益的实证研究 |
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| 引用本文： | 杨娟. 中国高等教育投资风险和收益的实证研究[J]. Frontiers of Economics in China, 2009, 4(1): 46-61. DOI: 10.1007/s11459-009-0003-6 |
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| 作者姓名： | 杨娟 |
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| 作者单位： | |
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| 摘 要： |
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| 关 键 词： | 高等教育 风险回报 过度教育 |
An empirical study on educational investment for all levels of higher education in China |
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| Juan Yang,David Mayston. An empirical study on educational investment for all levels of higher education in China[J]. Frontiers of Economics in China, 2009, 4(1): 46-61. DOI: 10.1007/s11459-009-0003-6 |
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| Authors: | Juan Yang David Mayston |
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| Affiliation: | (1) School of Economics and Business Administration, Beijing Normal University, Beijing, 100875, China;(2) Department of Economics and Related Studies, University of York, Heslington, York, YO10 5DD, UK |
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| Abstract: | With the expanding of higher education in China from 1999, more and more youngsters are able to invest in higher education, resulting a high unemployment rate for higher education graduates and more and more graduates employed in non-graduate position, while the analysis upon risk and return to each level of high education is absent due to the limitation of dataset. The paper employs college students sample survey to research the determinants of all levels of higher education beginning wages, the probability to find an appropriate job in order to conclude the risks and returns to each level of higher education based on the wages growth rate and economic development. The research finds the return to master degree is the highest, but the risk is the lowest in China. |
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| Keywords: | higher education risk return overeducation |
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