Returns to Education in the Russian Federation: Some New Estimates

Ekaterina Melianova, Suhas D. Parandekar, Harry Patrinos and Artem Volgin

No 9387, Policy Research Working Paper Series from The World Bank

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.

Keywords: Educational Sciences; Tertiary Education; Economics of Education; Vocational Education&Technical Training; Labor Markets; Rural Labor Markets (search for similar items in EconPapers)
Date: 2020-09-08
New Economics Papers: this item is included in nep-cis and nep-tra
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Returns to Education in the Russian Federation: Some New Estimates (2021)
Working Paper: Returns to Education in the Russian Federation: Some New Estimates (2020)
Working Paper: Returns to Education in the Russian Federation: Some New Estimates (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:9387

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