The Estimation of Internal Rates of Return on Human Capital Investment Differenced by Study Fields, Sex and Regions
AbstractThe aim of paper is to estimate internal rates on return on human capital investment in the Czech Republic. Internal rates of returns are estimated from the point of view of individuals and society. Authors did their own computations and estimations, which are based on some selected data: REFLEX survey, Eurostudent IV survey, data about wage development from Czech Statistical Office and from Information system about average salaries. Internal rates of return are differenced by study fields, regions and sex. Pares also reflects the current demographic situation in the Czech Republic and thoughts about reform of tertiary educational system including tuition fees at public universities.
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Bibliographic InfoArticle provided by University of Economics, Prague in its journal Politická ekonomie.
Volume (Year): 2012 (2012)
Issue (Month): 5 ()
Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
Find related papers by JEL classification:
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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- Corrado Andini, 2007. "Returns to education and wage equations: a dynamic approach," Applied Economics Letters, Taylor & Francis Journals, vol. 14(8), pages 577-579.
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- Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9.
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