Returns to Education in the Russian Federation : Some New Estimates
This paper presents new estimates of the returns to education in the Russian Federation using data from 1994 to 2018. Although the returns to schooling increased for a time, they are now much lower than the global average. Private returns to educat...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/172031599588105838/Returns-to-Education-in-the-Russian-Federation-Some-New-Estimates http://hdl.handle.net/10986/34473 |
| Summary: | This paper presents new estimates of the
returns to education in the Russian Federation using data
from 1994 to 2018. Although the returns to schooling
increased for a time, they are now much lower than the
global average. Private returns to education are three times
greater for higher education compared with vocational
education, and the returns to education for females are
higher than for males. Returns for females show an inverse
U-shaped curve over the past two decades. Female education
is a policy priority and there is a need to investigate the
labor market relevance of vocational education. Higher
education may have reached an expansion limit, and it may be
necessary to investigate options for increasing the
productivity of schooling. |
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