The Returns to Education: An Empirical Study of Urban China, 1988-2007
This paper uses data from a recently-released survey pertaining to individuals in urban locations in 2007 to estimate rates of return to education in China. In doing so, previous estimates in the empirical literature are updated by five years. The key issue under consideration is whether the private incentive to spend time and money on education has increased over the course of China’s economic tr
