The Returns and Implications of Human Capital Investment in a Transition Economy: An Empirical Analysis for Russia 1994-1998
AbstractThis paper uses the Russian Longitudinal Monitoring Survey (RLMS), a household-based survey designed to measure systematically the reforms in Russia, for the years 1994-98. It utilises standard Mincer analysis to assess the returns to education as well as to specific levels of post-compulsory education and training. Results suggest, in the case of Russia, significant and positive returns to education and training that are comparable in magnitude to other transition countries
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Bibliographic InfoPaper provided by Centre for Economic Reform and Transformation, Heriot Watt University in its series CERT Discussion Papers with number 0002.
Date of creation: 2000
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-04-25 (All new papers)
- NEP-LAB-2002-04-25 (Labour Economics)
- NEP-MAC-2002-04-25 (Macroeconomics)
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