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Returns to Education in the Russian Federation : Towards Evidence Based Decision Making with Fiscal and Private Returns to Education (Inglês)

This paper used institution level information about graduate earnings and estimates of fiscal and private costs to obtain fiscal and private returns to education using an internal rate of return calculation. As data has been collected so far only on earnings trajectories for three years following graduation, these are not lifetime returns, but they are adequate to provide relative estimates. Samara Energy College with private returns of 35 percent...
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