1 option
Estimating The Returns To Education : Accounting For Heterogeneity In Ability / Patrinos, Harry Anthony
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Patrinos, Harry Anthony
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access and Equity in Basic Education.
- Accounting.
- Bank.
- Debt Markets.
- Earnings.
- Education.
- Education for All.
- Effective Schools and Teachers.
- Finance and Financial Sector Development.
- Financial Literacy.
- Gender.
- Gender and Education.
- Income.
- Information.
- Interest.
- Investment.
- Investments.
- Labor Market.
- Labor Markets.
- Labor Policies.
- Low Income.
- Low-Income.
- Lower Income.
- Primary Education.
- Rate of Return.
- Rates of Return.
- Regression Analysis.
- Return Increase.
- Rural Development Knowledge and Information Systems.
- Social Protections and Labor.
- Wage.
- Wages.
- Local Subjects:
- Access and Equity in Basic Education.
- Accounting.
- Bank.
- Debt Markets.
- Earnings.
- Education.
- Education for All.
- Effective Schools and Teachers.
- Finance and Financial Sector Development.
- Financial Literacy.
- Gender.
- Gender and Education.
- Income.
- Information.
- Interest.
- Investment.
- Investments.
- Labor Market.
- Labor Markets.
- Labor Policies.
- Low Income.
- Low-Income.
- Lower Income.
- Primary Education.
- Rate of Return.
- Rates of Return.
- Regression Analysis.
- Return Increase.
- Rural Development Knowledge and Information Systems.
- Social Protections and Labor.
- Wage.
- Wages.
- Physical Description:
- 1 online resource (38 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2006
- System Details:
- data file
- Summary:
- Typically estimates of the benefits of education investments show average private rates of return for the average individual. The average may not be useful for policy. An examination of the distribution of the returns across individuals is needed. The few studies that have examined these patterns focus on high-income countries, showing investments to be more profitable at the top of the income distribution. The implication is that investments may increase inequality. Extending the analysis to 16 East Asian and Latin American countries the authors observe mixed evidence in middle-income countries and decreasing returns in low-income countries. Such differences between countries could be due to more job mobility in industrial countries, scarcity of skills, or differential exposure to market forces.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.