2020
DOI: 10.1111/asej.12209
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Gender Difference in Returns to Education Independent of Gender Wage Gap in Korea*

Abstract: This study examined the difference between male and female groups’ return on investment (ROI) in education independent of the average gender wage gap. Women’s additional ROI in education was significant and positively estimated. Furthermore, the ROI in women’s education was consistently higher than that in men regardless of educational stage, except for graduate education. These gender differences were greater in the younger generation than in the older generation and have decreased significantly in the recent… Show more

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Cited by 12 publications
(8 citation statements)
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“…It is important to acknowledge that despite women seeing fewer labour market returns for their investment in education than men, they would be more disadvantaged without it. Research on the relative economic advantage that a qualification confers usually compares women with women and men with men, and consistently finds that, in relative terms, private returns to female education exceed those to male education (Lee & Ihm, 2020). A recent review of the international literature calculated the overall within-gender difference in comparative earnings was about two percentage points higher for women that for men (Psacharopoulos & Patrinos, 2018).…”
Section: Discussionmentioning
confidence: 99%
“…It is important to acknowledge that despite women seeing fewer labour market returns for their investment in education than men, they would be more disadvantaged without it. Research on the relative economic advantage that a qualification confers usually compares women with women and men with men, and consistently finds that, in relative terms, private returns to female education exceed those to male education (Lee & Ihm, 2020). A recent review of the international literature calculated the overall within-gender difference in comparative earnings was about two percentage points higher for women that for men (Psacharopoulos & Patrinos, 2018).…”
Section: Discussionmentioning
confidence: 99%
“…In summary, the research results based on different countries and different perspectives show that reproductive health policy has a significant effect on promoting the rate of return on urban education, and the estimation results using the RD estimation method are more characteristic of random experiments compared with IV estimation ( 19 ). In addition, RD estimation can estimate the local average processing effect by controlling the window width.…”
Section: Literature Reviewmentioning
confidence: 98%
“…As to the study of the participation behavior of farmers, Lastra-Bravo et al (2015) and Riley et al (2018) reveal that the individual attributes of farmers, such as educational background, risk appetite, and perception of e-commerce project indeed have a relation with the participation behavior. Lee and Ihm (2020) stated that gender has a relation with the participation willingness of farmers, and they added that male farmers were more likely to participate in group activities while the female farmers preferred private activities. Another survey conducted by Shi et al (2010) proposed that the participation willingness was a predictor of participation behavior, and it was also affected by gender.…”
Section: Literature Review and Research Hypothesismentioning
confidence: 99%