Returns to Investment in Education : The Case of Turkey

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This paper estimates private and social returns to investment in education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 education reform of increasing compulsory education by three years as an instrument. This results in a private rate of return on the order of 16 percent for higher education and a social return of 10 percent. Using the number of children younger than age 15 in the...

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Author

Patrinos,Harry Anthony;

Psacharopoulos,George;

Tansel,Aysit;
Document Date
2019/03/21
Document Type
Policy Research Working Paper
Report Number
WPS8789
Volume No
1
Total Volume(s)
1
Country
Turkiye,
Region
Europe and Central Asia,
Disclosure Date
2019/03/21
Disclosure Status
Disclosed
Doc Name
Returns to Investment in Education : The Case of Turkey
Keywords
return to education

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Citation

Patrinos,Harry Anthony; Psacharopoulos,George; Tansel,Aysit.

Returns to Investment in Education : The Case of Turkey (English). Policy Research working paper|no. WPS 8789 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/639211553175774906

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