The Zig Zag

Norwegian Blue

Been looking at returns to education recently and here are some results from a paper by Walker and Wooley.

It appears there’s one conistent pattern here – the returns to education are higher for women in every country. Why? Is it the way they’re taught or the way they learn? More likely it’s the old heckman selection problem – women with poor academic results tend to leave the workforce and this bumps up the average for the rest.

But what is most astounding is the difference in the returns, ranging from 2% in Norway to 17% in Northern Ireland. How can this be? At the University of OsloDo they only teach students to tap dance ? Or is it just too dark and cold to study? I think we should be told.