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The Changing Pattern of Wage Returns to Education and its Implications
Author(s) -
Colclough Christopher,
Kingdon Geeta,
Patrinos Harry
Publication year - 2010
Publication title -
development policy review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.671
H-Index - 61
eISSN - 1467-7679
pISSN - 0950-6764
DOI - 10.1111/j.1467-7679.2010.00507.x
Subject(s) - wage , economics , labour economics , education policy , demographic economics , higher education , economic growth
It is commonly believed that labour‐market returns to education are highest for the primary level of education and lower for subsequent levels. Recent evidence reviewed in this article suggests that the pattern is changing. The causes of such changes, and their implications for both education and labour‐market policy, are explored.