Returns to Education in the Russian Federation : Some new Estimates / Ekaterina Melianova.

Format:

Book

Government document

Author/Creator:

Melianova, Ekaterina.

Contributor:

Parandekar, Suhas D.

Patrinos, Harry Anthony.

Volgin, Arteuml;m.

Series:

Policy research working papers.

World Bank e-Library.

Language:

English

Subjects (All):

Economics of Education.

Education.

Labor Market.

Returns to Education.

Social Protections and Labor.

Tertiary Education.

Vocational and Technical Education.

Vocational Education.

Local Subjects:

Economics of Education.

Education.

Labor Market.

Returns to Education.

Social Protections and Labor.

Tertiary Education.

Vocational and Technical Education.

Vocational Education.

Physical Description:

1 online resource (46 pages)

Other Title:

Returns to Education in the Russian Federation

Place of Publication:

Washington, D.C. : The World Bank, 2020.

System Details:

data file

Summary:

This paper presents new estimates of the returns to education in the Russian Federation using data from 1994 to 2018. Although the returns to schooling increased for a time, they are now much lower than the global average. Private returns to education are three times greater for higher education compared with vocational education, and the returns to education for females are higher than for males. Returns for females show an inverse U-shaped curve over the past two decades. Female education is a policy priority and there is a need to investigate the labor market relevance of vocational education. Higher education may have reached an expansion limit, and it may be necessary to investigate options for increasing the productivity of schooling.