Macroeconomic Analysis of the Australian Higher Education System. The purpose of this project is to conduct a macroeconomic analysis of the Australian higher education system using administrative indi

Description

Macroeconomic Analysis of the Australian Higher Education System. The purpose of this project is to conduct a macroeconomic analysis of the Australian higher education system using administrative individual income tax record and education data provided by the Australian Bureau of Statistics. The earnings process of college graduates and returns to college education will be estimated by institution and field of study. These estimates will be used to evaluate (i) earnings risk by institution and field of study, (ii) college peer effects on earnings, and (iii) misallocation of talent across fields of study. The goal of this project is to provide insights into optimal human capital allocation and improvements in higher education policy in Australia to enhance economic efficiency and equality.. Scheme: Discovery Projects. Field: 3801 - Applied Economics. Lead: Prof Michelle Rendall