Community Research and Development Information Service - CORDIS


The TSER-financed project on Public funding and private returns to education - PURE started in November 1, 1998, and ended in October 31, 2000. The project has involved 15 European countries (Austria, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom) with Finland as the co-ordinating partner.
The project has produced, on a comparable basis, cross-country evidence at a European level on a broad set of policy-relevant issues related to private returns to education. Starting from a comprehensive analysis of individual returns to education across the 15 countries, the project expanded to investigate the interplay between education and work experience, including differences between cohorts; the productivity-enhancing versus the signalling role of education; the interaction between education and wage inequality; the relationship between education and unemployment; the importance of the supply of and the demand for highly educated labour as well as of labour market institutions for individual returns to education; the influence of public funding and enrolment into higher education on educational outcomes; and the structure of student loan systems.

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