Returns to Education in the Public and Private Sectors: Europe and Central Asia
12 Pages Posted: 30 Aug 2022
Abstract
The returns to schooling are estimated for 28 European and Central Asian countries using the Mincerian function. Our results show that while the public sector pays on average more than the private sector, the effect of education on earnings is stronger in the private sector. However, the returns to tertiary education are higher in the private sector.
Keywords: returns to education, wage differentials, publicprivate, Europe
JEL Classification: I21, J31
Suggested Citation: Suggested Citation
Montenegro, Claudio E. and Montenegro, Claudio E. and Patrinos, Harry Anthony, Returns to Education in the Public and Private Sectors: Europe and Central Asia. IZA Discussion Paper No. 15516, Available at SSRN: https://ssrn.com/abstract=4204334 or http://dx.doi.org/10.2139/ssrn.4204334
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