Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence

Little is known about which of the skills that make up workers' human capital contribute to higher earnings. Past empirical evidence suggest that most of the return to schooling is generated by effects or correlates unrelated to the skills mea...

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Main Authors: Fasih, Tazeen, Patrinos, Harry Anthony, Sakellariou, Chris
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/11/18501791/functional-literacy-heterogeneity-returns-schooling-multi-country-evidence
http://hdl.handle.net/10986/16917
id okr-10986-16917
recordtype oai_dc
spelling okr-10986-169172021-04-23T14:03:33Z Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence Fasih, Tazeen Patrinos, Harry Anthony Sakellariou, Chris ABOLITION OF FEES ACHIEVEMENT SCORES ACHIEVEMENT TEST SCORES ACHIEVEMENT TESTS ADULT LITERACY ADULT POPULATIONS AVERAGE SCORE BASIC SKILLS BOOKS AT HOME COGNITIVE ACHIEVEMENT COGNITIVE SKILLS COLLEGE EDUCATION COMPULSORY SCHOOLING ECONOMIC DEVELOPMENT ECONOMICS OF EDUCATION EDUCATED WORKERS EDUCATION INVESTMENTS EDUCATION OUTCOMES EDUCATION STATISTICS EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS EDUCATIONALLY ADVANCED COUNTRIES EFFECTIVE EDUCATION FOUNDATION SKILLS FUNCTIONAL LITERACY FUNCTIONAL SKILLS HIGH SCHOOL HIGH SCHOOL GRADUATES HUMAN CAPITAL HUMAN DEVELOPMENT INTERNATIONAL LITERACY LABOR FORCE LABOR MARKETS LABOUR MARKET LANGUAGE OF INSTRUCTION LEARNING LEVEL OF LITERACY LIBRARIES LIFE SKILLS LITERACY SKILLS LITERACY SURVEY LITERACY SURVEYS LITERACY TEST LITERACY TESTS NUMERACY PAPERS PROBLEM SOLVING PUBLIC SCHOOLS RATES OF RETURN READING READING BOOKS RETURN TO EDUCATION RETURNS TO EDUCATION SCHOOL CONSTRUCTION SCHOOL GRADUATES SCHOOL QUALITY SCHOOLING SCHOOLS SKILLED WORKERS STANDARDIZED TESTS TENURE TEST SCORES VOUCHERS YOUTH Little is known about which of the skills that make up workers' human capital contribute to higher earnings. Past empirical evidence suggest that most of the return to schooling is generated by effects or correlates unrelated to the skills measured by the available tests. This paper uses the International Adult Literacy and the Adult Literacy and Life Skills surveys to obtain multi-country estimates of the components of the return to schooling. The results reveal considerable heterogeneity and a dichotomy between two groups of countries. For a subgroup of educationally advanced countries, nearly half of the return to schooling can be attributed to labor marker-relevant functional literacy skills associated with schooling, while for a subgroup of less educationally advanced countries, such skills account for just over 20 percent of the return to schooling, while the return to schooling mostly reflects the signaling value of schooling. 2014-02-05T14:27:53Z 2014-02-05T14:27:53Z 2013-11 http://documents.worldbank.org/curated/en/2013/11/18501791/functional-literacy-heterogeneity-returns-schooling-multi-country-evidence http://hdl.handle.net/10986/16917 English en_US Policy Research Working Paper;No. 6697 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABOLITION OF FEES
ACHIEVEMENT SCORES
ACHIEVEMENT TEST SCORES
ACHIEVEMENT TESTS
ADULT LITERACY
ADULT POPULATIONS
AVERAGE SCORE
BASIC SKILLS
BOOKS AT HOME
COGNITIVE ACHIEVEMENT
COGNITIVE SKILLS
COLLEGE EDUCATION
COMPULSORY SCHOOLING
ECONOMIC DEVELOPMENT
ECONOMICS OF EDUCATION
EDUCATED WORKERS
EDUCATION INVESTMENTS
EDUCATION OUTCOMES
EDUCATION STATISTICS
EDUCATION SYSTEM
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVELS
EDUCATIONALLY ADVANCED COUNTRIES
EFFECTIVE EDUCATION
FOUNDATION SKILLS
FUNCTIONAL LITERACY
FUNCTIONAL SKILLS
HIGH SCHOOL
HIGH SCHOOL GRADUATES
HUMAN CAPITAL
HUMAN DEVELOPMENT
INTERNATIONAL LITERACY
LABOR FORCE
LABOR MARKETS
LABOUR MARKET
LANGUAGE OF INSTRUCTION
LEARNING
LEVEL OF LITERACY
LIBRARIES
LIFE SKILLS
LITERACY SKILLS
LITERACY SURVEY
LITERACY SURVEYS
LITERACY TEST
LITERACY TESTS
NUMERACY
PAPERS
PROBLEM SOLVING
PUBLIC SCHOOLS
RATES OF RETURN
READING
READING BOOKS
RETURN TO EDUCATION
RETURNS TO EDUCATION
SCHOOL CONSTRUCTION
SCHOOL GRADUATES
SCHOOL QUALITY
SCHOOLING
SCHOOLS
SKILLED WORKERS
STANDARDIZED TESTS
TENURE
TEST SCORES
VOUCHERS
YOUTH
spellingShingle ABOLITION OF FEES
ACHIEVEMENT SCORES
ACHIEVEMENT TEST SCORES
ACHIEVEMENT TESTS
ADULT LITERACY
ADULT POPULATIONS
AVERAGE SCORE
BASIC SKILLS
BOOKS AT HOME
COGNITIVE ACHIEVEMENT
COGNITIVE SKILLS
COLLEGE EDUCATION
COMPULSORY SCHOOLING
ECONOMIC DEVELOPMENT
ECONOMICS OF EDUCATION
EDUCATED WORKERS
EDUCATION INVESTMENTS
EDUCATION OUTCOMES
EDUCATION STATISTICS
EDUCATION SYSTEM
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVELS
EDUCATIONALLY ADVANCED COUNTRIES
EFFECTIVE EDUCATION
FOUNDATION SKILLS
FUNCTIONAL LITERACY
FUNCTIONAL SKILLS
HIGH SCHOOL
HIGH SCHOOL GRADUATES
HUMAN CAPITAL
HUMAN DEVELOPMENT
INTERNATIONAL LITERACY
LABOR FORCE
LABOR MARKETS
LABOUR MARKET
LANGUAGE OF INSTRUCTION
LEARNING
LEVEL OF LITERACY
LIBRARIES
LIFE SKILLS
LITERACY SKILLS
LITERACY SURVEY
LITERACY SURVEYS
LITERACY TEST
LITERACY TESTS
NUMERACY
PAPERS
PROBLEM SOLVING
PUBLIC SCHOOLS
RATES OF RETURN
READING
READING BOOKS
RETURN TO EDUCATION
RETURNS TO EDUCATION
SCHOOL CONSTRUCTION
SCHOOL GRADUATES
SCHOOL QUALITY
SCHOOLING
SCHOOLS
SKILLED WORKERS
STANDARDIZED TESTS
TENURE
TEST SCORES
VOUCHERS
YOUTH
Fasih, Tazeen
Patrinos, Harry Anthony
Sakellariou, Chris
Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
relation Policy Research Working Paper;No. 6697
description Little is known about which of the skills that make up workers' human capital contribute to higher earnings. Past empirical evidence suggest that most of the return to schooling is generated by effects or correlates unrelated to the skills measured by the available tests. This paper uses the International Adult Literacy and the Adult Literacy and Life Skills surveys to obtain multi-country estimates of the components of the return to schooling. The results reveal considerable heterogeneity and a dichotomy between two groups of countries. For a subgroup of educationally advanced countries, nearly half of the return to schooling can be attributed to labor marker-relevant functional literacy skills associated with schooling, while for a subgroup of less educationally advanced countries, such skills account for just over 20 percent of the return to schooling, while the return to schooling mostly reflects the signaling value of schooling.
format Publications & Research :: Policy Research Working Paper
author Fasih, Tazeen
Patrinos, Harry Anthony
Sakellariou, Chris
author_facet Fasih, Tazeen
Patrinos, Harry Anthony
Sakellariou, Chris
author_sort Fasih, Tazeen
title Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
title_short Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
title_full Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
title_fullStr Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
title_full_unstemmed Functional Literacy, Heterogeneity and the Returns to Schooling : Multi-Country Evidence
title_sort functional literacy, heterogeneity and the returns to schooling : multi-country evidence
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/11/18501791/functional-literacy-heterogeneity-returns-schooling-multi-country-evidence
http://hdl.handle.net/10986/16917
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