Stopnie wyższego wykształcenia a zarobki w Polsce i innych krajach OECD
Tertiary Education Levels and Earnings in Poland and Some Other OECD Countries

Summary/Abstract: The article presents an empirical analysis of the wage premium for education, with the consideration of different study levels for Poland and some other OECD countries. The available literature deals mainly with wage premium for higher education in general or with the rate of return for an additional year of study while the question of wage premium for different levels of tertiary education is much less elucidated. The authors discuss the research on the subject made until now and present their own empirical analysis concerning the estimation of the wage premium for higher education in general and form the 1st and 2nd degree of tertiary education in the selected OECD countries. The analysis uses survey data from the Programme for the International Assessment of Adult Competences (PIAAC). The separate analysis for Poland is based on the data from the survey of economic activity of population conducted by the Central Statistical Office. The results obtained for 12 selected OECD countries indicate that the return rate from higher education as compared to secondary education is the highest in Greece (40%) and the lowest in Norway (17%). The regression results indicate that the return rate from possessing the M.A. degree in Denmark is almost three times as high as for B.A. degree, but in Ireland and Israel it is only about one third higher. In Poland, the estimated return rate was 24% for tertiary education in general, 17% for B.A. degree, and 29% for M.A. degree.

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