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IZA Discussion Paper No. 17313
September 2024
The Returns to Education over Time and the Effect of COVID-19
Harry Anthony Patrinos, Angelica Rivera-Olvera

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.

Communications
Mark Fallak
mark.fallak@liser.lu
+352 585-855-526
World of Labour
Olga Nottmeyer
olga.nottmeyer@liser.lu
+352 585-855-501
Network Coordination
Christina Gathmann
christina.gathmann@liser.lu

The IZA@LISER Network is a global community of scholars dedicated to excellence in labor economics and related fields, now coordinated at the Luxembourg Institute of Socio-Economic Research (LISER) following its transition from Bonn.

About IZA@LISER Network
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