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dc.contributor.authorPastore, Francescoen_US
dc.contributor.authorVerashchagina, Alinaen_US
dc.date.accessioned2009-01-28T16:16:07Z-
dc.date.available2009-01-28T16:16:07Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20707-
dc.description.abstractThe gradualist approach to economic transition in Belarus would contribute to form the a priori expectation that the rate of return to education is low and the earnings profile by work experience flat, like they supposedly were under central-planning. However, the first available estimates of Mincerian earnings equations based on the Belarusian Household Survey on Incomes and Expenditure suggest that the skill payoff was high in 1996, at about 10.1% per year, and stable. The return to one year of work experience is also high at 5%. This result maintains also after controlling for sample selection bias, despite a general reduction in the annual rate of return to education by about 20-30%. Though, it is ambiguous whether the high-skill payoff is the consequence of market forces coming into play or of policy decisions, considering the pervasive role of the state in the process of wage determination.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1409en_US
dc.subject.jelP52en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordeducational economicsen_US
dc.subject.keywordreturns to human capitalen_US
dc.subject.keywordeconomic transitionen_US
dc.subject.keywordBelarusen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwHumankapitalen_US
dc.subject.stw√úbergangswirtschaften_US
dc.subject.stwWeissrusslanden_US
dc.titlePrivate Returns to Human Capital over Transition : A Case Study of Belarusen_US
dc.typeWorking Paperen_US
dc.identifier.ppn476788552en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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