Returns To Education In The Economic Transition: A Systematic Assessment Using Comparable Data
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
2007
|
| Schlagwörter: | |
| Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4225 |
| Beschreibung: | Weitere Ausgabe: Tiongson, Erwin R: Returns To Education In The Economic Transition |
| Umfang: | 1 Online-Ressource (48 Seiten) |
Internformat
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| 245 | 1 | 0 | |a Returns To Education In The Economic Transition |b A Systematic Assessment Using Comparable Data |c Tiongson, Erwin R |
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| 500 | |a Weitere Ausgabe: Tiongson, Erwin R: Returns To Education In The Economic Transition | ||
| 520 | 1 | |a This 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 | |
| 534 | |c 2007 | ||
| 650 | 4 | |a Erziehung | |
| 653 | |a Bank Policy | ||
| 653 | |a Checks | ||
| 653 | |a Debt Markets | ||
| 653 | |a Education | ||
| 653 | |a Education Reform and Management | ||
| 653 | |a Education for All | ||
| 653 | |a Effective Schools and Teachers | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Government expenditures | ||
| 653 | |a Human capital | ||
| 653 | |a Labor market | ||
| 653 | |a Macroeconomic controls | ||
| 653 | |a Market economy | ||
| 653 | |a Market environment | ||
| 653 | |a Primary Education | ||
| 653 | |a Returns | ||
| 653 | |a Transition economies | ||
| 700 | 1 | |a Flabbi, Luca |e Verfasser |0 (DE-588)171740017 |4 aut | |
| 700 | 1 | |a Paternostro, Stefano |e Verfasser |0 (DE-588)171545753 |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Tiongson, Erwin R. |t Returns To Education In The Economic Transition |d 2007 |
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| author | Tiongson, Erwin R. Flabbi, Luca Paternostro, Stefano |
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| author_facet | Tiongson, Erwin R. Flabbi, Luca Paternostro, Stefano |
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| author_sort | Tiongson, Erwin R. |
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| discipline | Wirtschaftswissenschaften |
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| spelling | Tiongson, Erwin R. Verfasser (DE-588)171629752 aut Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data Tiongson, Erwin R Washington, D.C The World Bank 2007 1 Online-Ressource (48 Seiten) txt rdacontent c rdamedia cr rdacarrier Weitere Ausgabe: Tiongson, Erwin R: Returns To Education In The Economic Transition This 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 2007 Erziehung Bank Policy Checks Debt Markets Education Education Reform and Management Education for All Effective Schools and Teachers Finance and Financial Sector Development Government expenditures Human capital Labor market Macroeconomic controls Market economy Market environment Primary Education Returns Transition economies Flabbi, Luca Verfasser (DE-588)171740017 aut Paternostro, Stefano Verfasser (DE-588)171545753 aut Reproduktion von Tiongson, Erwin R. Returns To Education In The Economic Transition 2007 http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4225 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Tiongson, Erwin R. Flabbi, Luca Paternostro, Stefano Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data Erziehung |
| title | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data |
| title_auth | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data |
| title_exact_search | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data |
| title_full | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data Tiongson, Erwin R |
| title_fullStr | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data Tiongson, Erwin R |
| title_full_unstemmed | Returns To Education In The Economic Transition A Systematic Assessment Using Comparable Data Tiongson, Erwin R |
| title_short | Returns To Education In The Economic Transition |
| title_sort | returns to education in the economic transition a systematic assessment using comparable data |
| title_sub | A Systematic Assessment Using Comparable Data |
| topic | Erziehung |
| topic_facet | Erziehung |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4225 |
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