Returns to Education in the Russian Federation: Some New Estimates
Ekaterina Melianova,
Suhas Parandekar,
Harry Patrinos and
Artëm Volgin
Additional contact information
Ekaterina Melianova: Higher School of Economics, St. Petersburg Branch
Suhas Parandekar: World Bank
Artëm Volgin: Higher School of Economics, St. Petersburg Branch
No 13726, IZA Discussion Papers from Institute of Labor Economics (IZA)
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: returns to education; Russian Federation (search for similar items in EconPapers)
JEL-codes: I26 I28 J16 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2020-09
New Economics Papers: this item is included in nep-cis, nep-edu and nep-tra
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Citations: View citations in EconPapers (3)
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https://docs.iza.org/dp13726.pdf (application/pdf)
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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