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Education & development
Estimating the returns to education (pdf 376kb)
This study investigates the existence of a relationship between a country's labor market characteristics and the pattern of returns to education along the conditional earnings distribution.The few studies that have examined educational returns 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 we 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 developed countries, scarcity of skills, or differential exposure to market forces.
- Resource link:
http://www-wds.worldbank.org/ external/default/ WDSContentServer/WDSP/IB/2006/10/16/ 000016406_20061016162824/Rendered/PDF/ wps4040.pdf - Published: 2006
- Source: World Bank (http://www.worldbank.org)
- Added to ADG on: 23 March 2007 , contributed by: ADG team
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