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The Benefits and Costs of Alternative Strategies to Improve Educational Outcomes

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  • Orazem, Peter F.
  • Glewwe, Paul
  • Patrinos, Harry

Abstract

Few empirical relationships have been investigated more frequently than that between years of schooling and earnings. Hundreds of studies using a wide variety of datasets from developed countries, spanning many decades, and employing alternative specifications to correct for various potential sources of bias, have consistently found positive private returns per year of schooling.• Returns arc frequent ly equal to or above long-run average market returns to other investments.

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  • Orazem, Peter F. & Glewwe, Paul & Patrinos, Harry, 2009. "The Benefits and Costs of Alternative Strategies to Improve Educational Outcomes," ISU General Staff Papers 200901010800001343, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:200901010800001343
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    3. Pervez Zammurad Janjua & Usman Ahmad Kamal, 2011. "The Role of Education and Income in Poverty Alleviation: A Cross-Country Analysis," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 16(1), pages 143-172, Jan-Jun.

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