Returns to Investment in Education : A Decennial Review of the Global Literature

In the 60-plus year history of returns to investment in education estimates, there have been several compilations in the literature. This paper updates Psacharopoulos and Patrinos and reviews the latest trends and patterns based on 1120 estimates in 139 countries from 1950 to 2014. The private avera...

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Main Authors: Psacharopoulos, George, Patrinos, Harry Anthony
Format: Journal Article
Published: Taylor and Francis 2018
Subjects:
Online Access:http://hdl.handle.net/10986/30154
id okr-10986-30154
recordtype oai_dc
spelling okr-10986-301542021-05-25T10:54:40Z Returns to Investment in Education : A Decennial Review of the Global Literature Psacharopoulos, George Patrinos, Harry Anthony RETURNS TO EDUCATION EDUCATION INVESTMENT TERTIARY EDUCATION EQUITY SOCIAL RETURNS GIRLS' EDUCATION In the 60-plus year history of returns to investment in education estimates, there have been several compilations in the literature. This paper updates Psacharopoulos and Patrinos and reviews the latest trends and patterns based on 1120 estimates in 139 countries from 1950 to 2014. The private average global return to a year of schooling is 9% a year. Private returns to higher education increased, raising issues of financing and equity. Social returns to schooling remain high. Women continue to experience higher average returns to schooling, showing that girls’ education remains a priority. 2018-08-06T21:35:36Z 2018-08-06T21:35:36Z 2018-06-07 Journal Article Education Economics 0964-5292 http://hdl.handle.net/10986/30154 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic RETURNS TO EDUCATION
EDUCATION INVESTMENT
TERTIARY EDUCATION
EQUITY
SOCIAL RETURNS
GIRLS' EDUCATION
spellingShingle RETURNS TO EDUCATION
EDUCATION INVESTMENT
TERTIARY EDUCATION
EQUITY
SOCIAL RETURNS
GIRLS' EDUCATION
Psacharopoulos, George
Patrinos, Harry Anthony
Returns to Investment in Education : A Decennial Review of the Global Literature
description In the 60-plus year history of returns to investment in education estimates, there have been several compilations in the literature. This paper updates Psacharopoulos and Patrinos and reviews the latest trends and patterns based on 1120 estimates in 139 countries from 1950 to 2014. The private average global return to a year of schooling is 9% a year. Private returns to higher education increased, raising issues of financing and equity. Social returns to schooling remain high. Women continue to experience higher average returns to schooling, showing that girls’ education remains a priority.
format Journal Article
author Psacharopoulos, George
Patrinos, Harry Anthony
author_facet Psacharopoulos, George
Patrinos, Harry Anthony
author_sort Psacharopoulos, George
title Returns to Investment in Education : A Decennial Review of the Global Literature
title_short Returns to Investment in Education : A Decennial Review of the Global Literature
title_full Returns to Investment in Education : A Decennial Review of the Global Literature
title_fullStr Returns to Investment in Education : A Decennial Review of the Global Literature
title_full_unstemmed Returns to Investment in Education : A Decennial Review of the Global Literature
title_sort returns to investment in education : a decennial review of the global literature
publisher Taylor and Francis
publishDate 2018
url http://hdl.handle.net/10986/30154
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