Average and Marginal Returns to Upper Secondary Schooling in Indonesia
This paper estimates average and marginal returns to schooling in Indonesia using a non-parametric selection model estimated by local instrumental variables, and data from the Indonesia Family Life Survey. The analysis finds that the return to uppe...
| Main Authors: | , , , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
2012
|
| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111109162306 http://hdl.handle.net/10986/3646 |
| Summary: | This paper estimates average and
marginal returns to schooling in Indonesia using a
non-parametric selection model estimated by local
instrumental variables, and data from the Indonesia Family
Life Survey. The analysis finds that the return to upper
secondary schooling varies widely across individual: it can
be as high as 50 percent per year of schooling for those
very likely to enroll in upper secondary schooling, or as
low as -10 percent for those very unlikely to do so. Returns
to the marginal student (14 percent) are well below those
for the average student attending upper secondary schooling
(27 percent). |
|---|