Average and Marginal Returns to Upper Secondary Schooling in Indonesia

Pedro Carneiro, Michael Lokshin, Cristobal Ridao-Cano () and Nithin Umapathi ()
Additional contact information
Cristobal Ridao-Cano: World Bank
Nithin Umapathi: World Bank

No 6162, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper estimates average and marginal returns to schooling in Indonesia using a non-parametric selection model. Identification of the model is given by exogenous geographic variation in access to upper secondary schools. We find that the return to upper secondary schooling varies widely across individuals: it can be as high as 50 percent per year of schooling for those very likely to enroll in upper secondary schooling, or as low as -10 percent for those very unlikely to do so. Average returns for the student at the margin are well below those for the average student attending upper secondary schooling.

Keywords: average return; marginal return; returns to schooling; marginal treatment effect (search for similar items in EconPapers)
JEL-codes: J31 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2011-11
New Economics Papers: this item is included in nep-dev, nep-edu, nep-lab, nep-lma, nep-ltv and nep-sea
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Citations: View citations in EconPapers (7)

Published - published in: Journal of Applied Econometrics. 2017, 32 (1), 16 - 36

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https://docs.iza.org/dp6162.pdf (application/pdf)

Related works:
Journal Article: Average and Marginal Returns to Upper Secondary Schooling in Indonesia (2017)
Working Paper: Average and Marginal Returns to Upper Secondary Schooling in Indonesia (2011)
Working Paper: Average and marginal returns to upper secondary schooling in Indonesia (2011)
Working Paper: Average and marginal returns to upper secondary schooling in Indonesia (2011)
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