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Rates of Return to Educational Qualifications in the Transitional Economies

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  • Andrew Newell
  • Barry Reilly

Abstract

This paper presents a set of cross-country estimates on rates of return within a broadly comparable framwork for a set of transitional economies that span Central and Eastern Europe, Russia and the Former Soviet Union countries of Central Asia. Our estimates reveal some tendency for rates to rise in most transitional economies over the period consideed. The variability in the rates of return to higher education is seen to provide some explanation for the variability in wage inequality experienced across the set of transitional economies.

Suggested Citation

  • Andrew Newell & Barry Reilly, 1999. "Rates of Return to Educational Qualifications in the Transitional Economies," Education Economics, Taylor & Francis Journals, vol. 7(1), pages 67-84.
  • Handle: RePEc:taf:edecon:v:7:y:1999:i:1:p:67-84
    DOI: 10.1080/09645299900000005
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