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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20707
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Pastore, Francesco | | en_US |
| dc.contributor.author | | Verashchagina, Alina | | en_US |
| dc.date.accessioned | | 2009-01-28T16:16:07Z | | - |
| dc.date.available | | 2009-01-28T16:16:07Z | | - |
| dc.date.issued | | 2004 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/20707 | | - |
| dc.description.abstract | | The 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.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 1409 | | en_US |
| dc.subject.jel | | P52 | | en_US |
| dc.subject.jel | | J31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | educational economics | | en_US |
| dc.subject.keyword | | returns to human capital | | en_US |
| dc.subject.keyword | | economic transition | | en_US |
| dc.subject.keyword | | Belarus | | en_US |
| dc.subject.stw | | Bildungsertrag | | en_US |
| dc.subject.stw | | Humankapital | | en_US |
| dc.subject.stw | | Übergangswirtschaft | | en_US |
| dc.subject.stw | | Weissrussland | | en_US |
| dc.title | | Private Returns to Human Capital over Transition : A Case Study of Belarus | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 476788552 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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| dp1409.pdf | | 373.08 kB | Adobe PDF |
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