Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections

This paper documents stylized facts on rates of returns to education during economic crises. It shows from three middle-income countries -- Indonesia, Pakistan, and South Africa -- that the rate of return to university education (versus secondary e...

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Main Authors:	Fasih, Tazeen, Patrinos, Harry A., Shafiq, M. Najeeb
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	CORONAVIRUS COVID-19 PANDEMIC IMPACT RETURNS TO EDUCATION TERTIARY EDUCATION UNIVERSITY EDUCATION WAGES
Online Access:	http://documents.worldbank.org/curated/en/728541604932217423/Economic-Crises-and-Returns-to-University-Education-in-Middle-Income-Countries-Stylized-Facts-and-COVID-19-Projections http://hdl.handle.net/10986/34773

id	okr-10986-34773
recordtype	oai_dc
spelling	okr-10986-347732022-09-20T00:11:15Z Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections Fasih, Tazeen Patrinos, Harry A. Shafiq, M. Najeeb CORONAVIRUS COVID-19 PANDEMIC IMPACT RETURNS TO EDUCATION TERTIARY EDUCATION UNIVERSITY EDUCATION WAGES This paper documents stylized facts on rates of returns to education during economic crises. It shows from three middle-income countries -- Indonesia, Pakistan, and South Africa -- that the rate of return to university education (versus secondary education) has increased during economic crises. Based on this stylized fact, the paper projects that the returns for university graduates may increase by at least one-quarter to one-third during the COVID-19 pandemic. 2020-11-12T17:22:42Z 2020-11-12T17:22:42Z 2020-11 Working Paper http://documents.worldbank.org/curated/en/728541604932217423/Economic-Crises-and-Returns-to-University-Education-in-Middle-Income-Countries-Stylized-Facts-and-COVID-19-Projections http://hdl.handle.net/10986/34773 English Policy Research Working Paper;No. 9472 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa East Asia and Pacific South Asia Indonesia Pakistan South Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	CORONAVIRUS COVID-19 PANDEMIC IMPACT RETURNS TO EDUCATION TERTIARY EDUCATION UNIVERSITY EDUCATION WAGES
spellingShingle	CORONAVIRUS COVID-19 PANDEMIC IMPACT RETURNS TO EDUCATION TERTIARY EDUCATION UNIVERSITY EDUCATION WAGES Fasih, Tazeen Patrinos, Harry A. Shafiq, M. Najeeb Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
geographic_facet	Africa East Asia and Pacific South Asia Indonesia Pakistan South Africa
relation	Policy Research Working Paper;No. 9472
description	This paper documents stylized facts on rates of returns to education during economic crises. It shows from three middle-income countries -- Indonesia, Pakistan, and South Africa -- that the rate of return to university education (versus secondary education) has increased during economic crises. Based on this stylized fact, the paper projects that the returns for university graduates may increase by at least one-quarter to one-third during the COVID-19 pandemic.
format	Working Paper
author	Fasih, Tazeen Patrinos, Harry A. Shafiq, M. Najeeb
author_facet	Fasih, Tazeen Patrinos, Harry A. Shafiq, M. Najeeb
author_sort	Fasih, Tazeen
title	Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
title_short	Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
title_full	Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
title_fullStr	Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
title_full_unstemmed	Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections
title_sort	economic crises and returns to university education in middle-income countries : stylized facts and covid-19 projections
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/728541604932217423/Economic-Crises-and-Returns-to-University-Education-in-Middle-Income-Countries-Stylized-Facts-and-COVID-19-Projections http://hdl.handle.net/10986/34773
_version_	1764481624456560640

Economic Crises and Returns to University Education in Middle-Income Countries : Stylized Facts and COVID-19 Projections

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