Adult Literacy, Heterogeneity and Returns to Schooling in Chile

We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27 percent, equivalent to two additional years of schooling, while a one standard deviation in...

Full description

Bibliographic Details
Main Authors:	Patrinos, Harry Anthony, Sakellariou, Chris
Format:	Journal Article
Language:	en_US
Published:	Taylor and Francis 2013
Subjects:	returns on education education returns quantile regression
Online Access:	http://hdl.handle.net/10986/16187

id	okr-10986-16187
recordtype	oai_dc
spelling	okr-10986-161872021-04-23T14:03:27Z Adult Literacy, Heterogeneity and Returns to Schooling in Chile Patrinos, Harry Anthony Sakellariou, Chris returns on education education returns quantile regression We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27 percent, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20 percent. For those who are less skilled, more education contributes little to earnings; rather skills are the key to higher earnings. The non-schooling component of skill is a significant contributor to earnings, but not the component associated with years of schooling. 2013-10-17T18:57:30Z 2013-10-17T18:57:30Z 2013-08-06 Journal Article Education Economics 0964-5292 http://hdl.handle.net/10986/16187 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Chile
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	returns on education education returns quantile regression
spellingShingle	returns on education education returns quantile regression Patrinos, Harry Anthony Sakellariou, Chris Adult Literacy, Heterogeneity and Returns to Schooling in Chile
geographic_facet	Chile
description	We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27 percent, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20 percent. For those who are less skilled, more education contributes little to earnings; rather skills are the key to higher earnings. The non-schooling component of skill is a significant contributor to earnings, but not the component associated with years of schooling.
format	Journal Article
author	Patrinos, Harry Anthony Sakellariou, Chris
author_facet	Patrinos, Harry Anthony Sakellariou, Chris
author_sort	Patrinos, Harry Anthony
title	Adult Literacy, Heterogeneity and Returns to Schooling in Chile
title_short	Adult Literacy, Heterogeneity and Returns to Schooling in Chile
title_full	Adult Literacy, Heterogeneity and Returns to Schooling in Chile
title_fullStr	Adult Literacy, Heterogeneity and Returns to Schooling in Chile
title_full_unstemmed	Adult Literacy, Heterogeneity and Returns to Schooling in Chile
title_sort	adult literacy, heterogeneity and returns to schooling in chile
publisher	Taylor and Francis
publishDate	2013
url	http://hdl.handle.net/10986/16187
_version_	1764432436039516160

Adult Literacy, Heterogeneity and Returns to Schooling in Chile

Similar Items