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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
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:
DateEvent
February 2002UNSPECIFIED
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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