Returns to Education in Azerbaijan: Some New Estimates
This paper estimates private and social returns to investment in education in Azerbaijan, using the 2015 Azerbaijan Monitoring Survey for Social Welfare. The private rate of return to education is 6 percent; this is the first estimate of returns to schooling in Azerbaijan since 1995. The returns to...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2020
|
| Schriftenreihe: | World Bank E-Library Archive
|
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper estimates private and social returns to investment in education in Azerbaijan, using the 2015 Azerbaijan Monitoring Survey for Social Welfare. The private rate of return to education is 6 percent; this is the first estimate of returns to schooling in Azerbaijan since 1995. The returns to schooling are 6 percent for men and 8 percent for women, even controlling for selection. In addition, the paper estimates the returns for higher education; for this level, the rate of return is 9 percent. Finally, using the full discount method, the private rate of return to tertiary education is 9 percent, and the social rate of return is 8 percent. One policy implication is to re-examine the funding of higher education and for its expansion |
| Beschreibung: | 1 Online-Ressource (30 Seiten) |
| DOI: | 10.1596/1813-9450-9117 |
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| 520 | |a This paper estimates private and social returns to investment in education in Azerbaijan, using the 2015 Azerbaijan Monitoring Survey for Social Welfare. The private rate of return to education is 6 percent; this is the first estimate of returns to schooling in Azerbaijan since 1995. The returns to schooling are 6 percent for men and 8 percent for women, even controlling for selection. In addition, the paper estimates the returns for higher education; for this level, the rate of return is 9 percent. Finally, using the full discount method, the private rate of return to tertiary education is 9 percent, and the social rate of return is 8 percent. One policy implication is to re-examine the funding of higher education and for its expansion | ||
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| spellingShingle | Garcia Moreno, Vicente Returns to Education in Azerbaijan Some New Estimates |
| title | Returns to Education in Azerbaijan Some New Estimates |
| title_auth | Returns to Education in Azerbaijan Some New Estimates |
| title_exact_search | Returns to Education in Azerbaijan Some New Estimates |
| title_exact_search_txtP | Returns to Education in Azerbaijan Some New Estimates |
| title_full | Returns to Education in Azerbaijan Some New Estimates Vicente Garcia Moreno |
| title_fullStr | Returns to Education in Azerbaijan Some New Estimates Vicente Garcia Moreno |
| title_full_unstemmed | Returns to Education in Azerbaijan Some New Estimates Vicente Garcia Moreno |
| title_short | Returns to Education in Azerbaijan |
| title_sort | returns to education in azerbaijan some new estimates |
| title_sub | Some New Estimates |
| url | https://doi.org/10.1596/1813-9450-9117 |
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