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Working paper

Влияние «качества» вуза на заработную плату выпускников

The article is devoted to the impact of university quality on graduates’ wages. We defined the quality of the university according to an average applicant’s Unifi ed State Exam (USE) enrollment rate combining data from Russian Longitudinal Monitoring Survey (RLMS HSE) and HSE Monitoring of the quality of enrollment in Russian universities (2011–2013). Authors combined information on university, graduates’ wages, socio-demographic characteristics with data on USE enrollment rates. Using means of descriptive and regression analysis authors evaluated economic return to university quality measured by USE enrollment rate. We discovered that graduates of high-quality universities have stable wage premium comparing with ordinary university graduates after controlling on academic, socio-demographic and labor market factors. One additional point at university USE enrollment rate provides graduates’ with 1,9–2% wage premium. Earnings of graduates’ of most selective and quality universities are 31% higher than earnings of graduates of the low-quality universities.