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Estimates of the economic return to schooling for 28 countries
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UNSPECIFIED (2002) Estimates of the economic return to schooling for 28 countries. LABOUR ECONOMICS, 9 (1). pp. 1-16. ISSN 0927-5371.
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Abstract
The economic returns to schooling are estimated using comparable microdata in 28 countries, worldwide. Considerable variation in rates of return is found across countries. There is no evidence for a worldwide rising rate of return to education from 1985 through 1995, Indeed, the worldwide rate of return declines slightly over this period. in general, instrumental-variable estimates (using spouse's and parents' schooling as determinants of schooling) are over 20% higher than ordinary-least-squares estimates. (C) 2002 Elsevier Science B.V. All rights reserved.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Journal or Publication Title: | LABOUR ECONOMICS | ||||
Publisher: | ELSEVIER SCIENCE BV | ||||
ISSN: | 0927-5371 | ||||
Official Date: | February 2002 | ||||
Dates: |
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Volume: | 9 | ||||
Number: | 1 | ||||
Number of Pages: | 16 | ||||
Page Range: | pp. 1-16 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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