Little is known about which of the
skills that make up workers' human capital contribute
to higher earnings. Past empirical evidence suggest that
most of the return to schooling is generated by effects or
correlates unrelated to the skills measured by the available
tests. This paper uses the International Adult Literacy and
the Adult Literacy and Life Skills surveys to obtain
multi-country estimates of the components of the return to
schooling. The results reveal considerable heterogeneity and
a dichotomy between two groups of countries. For a subgroup
of educationally advanced countries, nearly half of the
return to schooling can be attributed to labor
marker-relevant functional literacy skills associated with
schooling, while for a subgroup of less educationally
advanced countries, such skills account for just over 20
percent of the return to schooling, while the return to
schooling mostly reflects the signaling value of schooling.
Bibliographic Details
| Main Authors: |
Fasih, Tazeen,
Patrinos, Harry Anthony,
Sakellariou, Chris |
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| Format: | Policy Research Working Paper
biblioteca
|
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, DC
2013-11
|
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| Subjects: | ABOLITION OF FEES,
ACHIEVEMENT SCORES,
ACHIEVEMENT TEST SCORES,
ACHIEVEMENT TESTS,
ADULT LITERACY,
ADULT POPULATIONS,
AVERAGE SCORE,
BASIC SKILLS,
BOOKS AT HOME,
COGNITIVE ACHIEVEMENT,
COGNITIVE SKILLS,
COLLEGE EDUCATION,
COMPULSORY SCHOOLING,
ECONOMIC DEVELOPMENT,
ECONOMICS OF EDUCATION,
EDUCATED WORKERS,
EDUCATION INVESTMENTS,
EDUCATION OUTCOMES,
EDUCATION STATISTICS,
EDUCATION SYSTEM,
EDUCATION SYSTEMS,
EDUCATIONAL ATTAINMENT,
EDUCATIONAL LEVELS,
EDUCATIONALLY ADVANCED COUNTRIES,
EFFECTIVE EDUCATION,
FOUNDATION SKILLS,
FUNCTIONAL LITERACY,
FUNCTIONAL SKILLS,
HIGH SCHOOL,
HIGH SCHOOL GRADUATES,
HUMAN CAPITAL,
HUMAN DEVELOPMENT,
INTERNATIONAL LITERACY,
LABOR FORCE,
LABOR MARKETS,
LABOUR MARKET,
LANGUAGE OF INSTRUCTION,
LEARNING,
LEVEL OF LITERACY,
LIBRARIES,
LIFE SKILLS,
LITERACY SKILLS,
LITERACY SURVEY,
LITERACY SURVEYS,
LITERACY TEST,
LITERACY TESTS,
NUMERACY,
PAPERS,
PROBLEM SOLVING,
PUBLIC SCHOOLS,
RATES OF RETURN,
READING,
READING BOOKS,
RETURN TO EDUCATION,
RETURNS TO EDUCATION,
SCHOOL CONSTRUCTION,
SCHOOL GRADUATES,
SCHOOL QUALITY,
SCHOOLING,
SCHOOLS,
SKILLED WORKERS,
STANDARDIZED TESTS,
TENURE,
TEST SCORES,
VOUCHERS,
YOUTH, |
|---|
| Online Access: | http://documents.worldbank.org/curated/en/2013/11/18501791/functional-literacy-heterogeneity-returns-schooling-multi-country-evidence
http://hdl.handle.net/10986/16917
|
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