Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education

This paper used institution level information about graduate earnings and estimates of fiscal and private costs to obtain fiscal and private returns to education using an internal rate of return calculation. As data has been collected so far only o...

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Main Authors:	Melianova, Ekaterina, Parandekar, Suhas, Volgin, Artem
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	RETURNS TO EDUCATION RATE OF RETURN TERTIARY EDUCATION EDUCATION COST LABOR MARKET UNIVERSITY
Online Access:	http://documents.worldbank.org/curated/en/426441592409460593/Returns-to-Education-in-the-Russian-Federation-Towards-Evidence-Based-Decision-Making-with-Fiscal-and-Private-Returns-to-Education http://hdl.handle.net/10986/33975

id	okr-10986-33975
recordtype	oai_dc
spelling	okr-10986-339752021-05-25T09:54:33Z Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education Melianova, Ekaterina Parandekar, Suhas Volgin, Artem RETURNS TO EDUCATION RATE OF RETURN TERTIARY EDUCATION EDUCATION COST LABOR MARKET UNIVERSITY This paper used institution level information about graduate earnings and estimates of fiscal and private costs to obtain fiscal and private returns to education using an internal rate of return calculation. As data has been collected so far only on earnings trajectories for three years following graduation, these are not lifetime returns, but they are adequate to provide relative estimates. Samara Energy College with private returns of 35 percent and fiscal returns of 13 percent leads the list of colleges. V.R. Fillipova Buryat State Agricultural Academy in Ulan Ude leads the universities list with private returns of 9 percent and fiscal return of 7 percent. Even though only preliminary results are presented here, the data length and model sophistication can only grow in the future. The resulting information on returns to investment will serve government stakeholders as well as individual students. 2020-06-24T20:11:45Z 2020-06-24T20:11:45Z 2020-06-09 Report http://documents.worldbank.org/curated/en/426441592409460593/Returns-to-Education-in-the-Russian-Federation-Towards-Evidence-Based-Decision-Making-with-Fiscal-and-Private-Returns-to-Education http://hdl.handle.net/10986/33975 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Education Study Europe and Central Asia Russian Federation
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	RETURNS TO EDUCATION RATE OF RETURN TERTIARY EDUCATION EDUCATION COST LABOR MARKET UNIVERSITY
spellingShingle	RETURNS TO EDUCATION RATE OF RETURN TERTIARY EDUCATION EDUCATION COST LABOR MARKET UNIVERSITY Melianova, Ekaterina Parandekar, Suhas Volgin, Artem Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
geographic_facet	Europe and Central Asia Russian Federation
description	This paper used institution level information about graduate earnings and estimates of fiscal and private costs to obtain fiscal and private returns to education using an internal rate of return calculation. As data has been collected so far only on earnings trajectories for three years following graduation, these are not lifetime returns, but they are adequate to provide relative estimates. Samara Energy College with private returns of 35 percent and fiscal returns of 13 percent leads the list of colleges. V.R. Fillipova Buryat State Agricultural Academy in Ulan Ude leads the universities list with private returns of 9 percent and fiscal return of 7 percent. Even though only preliminary results are presented here, the data length and model sophistication can only grow in the future. The resulting information on returns to investment will serve government stakeholders as well as individual students.
format	Report
author	Melianova, Ekaterina Parandekar, Suhas Volgin, Artem
author_facet	Melianova, Ekaterina Parandekar, Suhas Volgin, Artem
author_sort	Melianova, Ekaterina
title	Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
title_short	Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
title_full	Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
title_fullStr	Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
title_full_unstemmed	Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education
title_sort	returns to education in the russian federation : towards evidence based decision making with fiscal and private returns to education
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/426441592409460593/Returns-to-Education-in-the-Russian-Federation-Towards-Evidence-Based-Decision-Making-with-Fiscal-and-Private-Returns-to-Education http://hdl.handle.net/10986/33975
_version_	1764479911264780288

Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education

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