Fiscal and individual rates of return to university education with and without graduation.

Autor/inn/en	Pfeiffer, Friedhelm; Stichnoth, Holger
Institution	Zentrum für Europäische Wirtschaftsforschung
Titel	Fiscal and individual rates of return to university education with and without graduation. Gefälligkeitsübersetzung: Steuerliche und individuelle Erträge eines Universitätsstudiums mit und ohne Abschluss.
Quelle	Mannheim (2020), 13 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	ZEW discussion paper. 2020-016
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildungsertrag; Sozialabgaben; Lohnhöhe; Steuer; Verfügbares Einkommen; Öffentliche Einnahmen; Ausbildung; Studium; Abbruch; Hochschulabsolvent; Absolvent
Abstract	"Based on a detailed model of the German tax-benefit system, this paper simulates private and fiscal returns to education for college graduates and college dropouts. Completing a five-year college degree is found to be associated with an internal rate of return (IRR) of 14.2% for gross earnings, 7.4% for disposable income, and 6.6% for the net fiscal contribution. Individuals who drop out of college after two years, and subsequently complete a three-year period of vocational training, are found to have negative IRRs: -0.5% for gross earnings and -5.9% for both disposable income and the net fiscal contribution. In a series of counterfactual experiments, we explore how these returns react to changes in gross earnings, expenditure per student, and the level of income tax payments." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/3