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Returns to Education in the Economic Transition : A Systematic Assessment Using Comparable Data

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dc.contributor.authorFlabbi, Luca
dc.contributor.authorPaternostro, Stefano
dc.contributor.authorTiongson, Erwin R.
dc.date.accessioned2012-06-04T22:12:44Z
dc.date.available2012-06-04T22:12:44Z
dc.date.issued2007-05
dc.description.abstractThis paper examines the assertion that returns to schooling increase as an economy transitions to a market environment. This claim has been difficult to assess as existing empirical evidence covers only a few countries over short time periods. A number of studies find that returns to education increased from the "pre-transition" period to the "early transition" period. It is not clear what has happened to the skills premium through the late 1990s, or the period thereafter. The authors use data that are comparable across countries and over time to estimate returns to schooling in eight transition economies (Bulgaria, Czech Republic, Hungary, Latvia, Poland, Russia, Slovak Republic, and Slovenia) from the early transition period up to 2002. In the case of Hungary, they capture the transition process more fully, beginning in the late 1980s. Compared to the existing literature, they implement a more systematic analysis and perform more comprehensive robustness checks on the estimated returns, although at best they offer only an incomplete solution to the problem of endogeneity. The authors find that the evidence of a rising trend in returns to schooling over the transition period is generally weak, except in Hungary and Russia where there have been sustained and substantial increases in returns to schooling. On average, the estimated returns in the sample are comparable to advanced economy averages. There are, however, significant differences in returns across countries and these differentials have remained roughly constant over the past 15 years. They speculate on the likely institutional and structural factors underpinning these results, including incomplete transition and significant heterogeneity and offsetting developments in returns to schooling within countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/05/7576044/returns-education-economic-transition-systematic-assessment-using-comparable-data
dc.identifier.doi10.1596/1813-9450-4225
dc.identifier.urihttps://hdl.handle.net/10986/7079
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4225
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCOLLEGE DEGREE
dc.subjectCOST OF EDUCATION
dc.subjectEDUCATION FOR WOMEN
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectHIGH SCHOOL
dc.subjectINTERVENTIONS
dc.subjectLEVELS OF EDUCATION
dc.subjectOCCUPATIONS
dc.subjectPAPERS
dc.subjectPRIVATE EDUCATION
dc.subjectQUALITY OF EDUCATION
dc.subjectRATES OF RETURN
dc.subjectRETURNS TO EDUCATION
dc.subjectRETURNS TO SCHOOLING
dc.subjectSCHOOLING
dc.subjectSCHOOLING LEVELS
dc.subjectTUITION
dc.subjectWESTERN EUROPE
dc.subjectWORK EXPERIENCE
dc.subjectWORKING HOURS
dc.titleReturns to Education in the Economic Transition : A Systematic Assessment Using Comparable Dataen
dspace.entity.typePublication
okr.crossref.titleReturns To Education In The Economic Transition : A Systematic Assessment Using Comparable Data
okr.date.doiregistration2025-04-10T09:32:34.155007Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/05/7576044/returns-education-economic-transition-systematic-assessment-using-comparable-data
okr.globalpracticeEducation
okr.guid388201468028432392
okr.identifier.doi10.1596/1813-9450-4225
okr.identifier.externaldocumentum000016406_20070501150829
okr.identifier.internaldocumentum7576044
okr.identifier.reportWPS4225
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/05/01/000016406_20070501150829/Rendered/PDF/wps4225.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countrySlovak Republic
okr.region.countrySlovenia
okr.region.countryCzech Republic
okr.region.countryBulgaria
okr.region.countryHungary
okr.region.countryLatvia
okr.region.countryRussian Federation
okr.region.countryPoland
okr.topicEducation::Primary Education
okr.topicAccess and Equity in Basic Education
okr.topicEducation::Education For All
okr.topicEducation::Education Reform and Management
okr.topicTeaching and Learning
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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