Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20707 
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dc.contributor.authorPastore, Francescoen
dc.contributor.authorVerashchagina, Alinaen
dc.date.accessioned2009-01-28T16:16:07Z-
dc.date.available2009-01-28T16:16:07Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/20707-
dc.description.abstractThe gradualist approach to economic transition in Belarus would contribute to form the apriori expectation that the rate of return to education is low and the earnings profile by workexperience flat, like they supposedly were under central-planning. However, the first availableestimates of Mincerian earnings equations based on the Belarusian Household Survey onIncomes and Expenditure suggest that the skill payoff was high in 1996, at about 10.1% peryear, and stable. The return to one year of work experience is also high at 5%. This resultmaintains also after controlling for sample selection bias, despite a general reduction in theannual rate of return to education by about 20-30%. Though, it is ambiguous whether thehigh-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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1409en
dc.subject.jelP52en
dc.subject.jelJ31en
dc.subject.ddc330en
dc.subject.keywordeducational economicsen
dc.subject.keywordreturns to human capitalen
dc.subject.keywordeconomic transitionen
dc.subject.keywordBelarusen
dc.subject.stwBildungsertragen
dc.subject.stwHumankapitalen
dc.subject.stwÜbergangswirtschaften
dc.subject.stwWeissrusslanden
dc.titlePrivate Returns to Human Capital over Transition : A Case Study of Belarus-
dc.typeWorking Paperen
dc.identifier.ppn476788552en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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