Titelaufnahme

Titel
Returns to investment in education : the case of Turkey / Harry Anthony Patrinos (The World Bank and IZA), George Psacharopoulos (Georgetown University), Aysit Tansel (Middle East Technical University, IZA and ERF) ; IZA Institute of Labor Economics
VerfasserPatrinos, Harry Anthony ; Psacharopoulos, George ; Tansel, Aysıt
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, March 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (22 Seiten) : Diagramme
SerieDiscussion paper ; no. 12238
URNurn:nbn:de:hbz:5:2-185979 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Returns to investment in education [0.58 mb]
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Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

This paper estimates private and social returns to investment in education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 education reform of increasing compulsory education by three years as an instrument. This results in a private rate of return on the order of 16 percent for higher education and a social return of 10 percent. Using the number of children younger than age 15 in the household as an exclusion restriction, the analysis finds that returns to education for females are higher than those for males. Contrary to many findings in other countries, private returns to those working in the public sector are higher than those in the private sector, and private returns to those who followed the vocational track in secondary education are higher than those in the general academic track. The paper discusses the policy implications of the findings.