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Returns to Education in the Russian Federation: Some New Estimates

Author

Listed:
  • Melianova, Ekaterina

    (Higher School of Economics, St. Petersburg Branch)

  • Parandekar, Suhas

    (World Bank)

  • Patrinos, Harry A.

    (World Bank)

  • Volgin, Artëm

    (Higher School of Economics, St. Petersburg Branch)

Abstract

This paper presents new estimates of the returns to education in the Russian Federation using data from 1994 to 2018. Although the returns to schooling increased for a time, they are now much lower than the global average. Private returns to education are three times greater for higher education compared with vocational education, and the returns to education for females are higher than for males. Returns for females show an inverse U-shaped curve over the past two decades. Female education is a policy priority and there is a need to investigate the labor market relevance of vocational education. Higher education may have reached an expansion limit, and it may be necessary to investigate options for increasing the productivity of schooling.

Suggested Citation

  • Melianova, Ekaterina & Parandekar, Suhas & Patrinos, Harry A. & Volgin, Artëm, 2020. "Returns to Education in the Russian Federation: Some New Estimates," IZA Discussion Papers 13726, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13726
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    Cited by:

    1. Vicente German-Soto & Gregory Brock, 2023. "Before the isolation: Russian regional β-convergence 2001–2019 before the pandemic and Ukrainian war," Economic Change and Restructuring, Springer, vol. 56(4), pages 2729-2746, August.
    2. Мальцева В. А. & Шабалин А. И., 2021. "Не-Обходной Маневр, Или Бум Спроса На Среднее Профессиональное Образование В России," Вопросы образования // Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 10-42.
    3. Vera Maltseva & Alexey Shabalin, 2021. "The Non-Bypass Trajectory, or The Boom in Demand for TVET in Russia," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 10-42.

    More about this item

    Keywords

    returns to education; Russian Federation;

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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