Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/318884 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 1616
Verlag: 
Global Labor Organization (GLO), Essen
Zusammenfassung: 
The evidence underscores the need to shift attention from school attainment to actual learning. While the average global return to an additional year of schooling is about 10 percent, a one standard deviation increase in test scores raises earnings by 15 percent. Studies show that including direct measures of skills reduces the estimated return to schooling, revealing the stronger role of quality. These findings suggest that education policy should prioritize learning outcomes, not just years in school, to more accurately reflect the economic value of education.
Schlagwörter: 
Returns to education
cognitive skills
earnings
JEL: 
I21
I26
J24
Dokumentart: 
Working Paper

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