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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.||URI:||https://hdl.handle.net/10356/97879
|Appears in Collections:||HSS Journal Articles|
checked on Dec 24, 2019
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