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Title: Adult literacy, heterogeneity and returns to schooling in Chile †
Authors: Sakellariou, Christos
Patrinos, Harry Anthony
Keywords: DRNTU::Social sciences
Issue Date: 2013
Source: Patrinos, H. A., & Sakellariou, C. (2013). Adult literacy, heterogeneity and returns to schooling in Chile †. Education economics, 1-15.
Series/Report no.: Education economics
Abstract: We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27%, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20%. For those who are less skilled, more education contributes little to earnings; rather skills are the key to higher earnings. The nonschooling component of skill is a significant contributor to earnings, but not the component associated with years of schooling.
DOI: 10.1080/09645292.2013.824951
Fulltext Permission: none
Fulltext Availability: No Fulltext
Appears in Collections:HSS Journal Articles

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