Convexity and Sheepskin Effects in the Human Capital Earnings Function

Convexity and Sheepskin Effects in the Human Capital Earnings Function PDF Author: Norbert Rüdiger Schady
Publisher: World Bank Publications
ISBN:
Category : Capital humano - Filipinas
Languages : en
Pages : 44

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Book Description
Data on education in the Philippines show that there are large differences in the private rate of return to education by level: the wage premia associated with an additional year of schooling are about twice as large at the university level as they are at the primary school level. In addition, there are large "sheepskin effects." Completion of the last year of schooling within a given level is rewarded disproportionately, particularly for university graduates.

Convexity and Sheepskin Effects in the Human Capital Earnings Function

Convexity and Sheepskin Effects in the Human Capital Earnings Function PDF Author: Norbert Rüdiger Schady
Publisher: World Bank Publications
ISBN:
Category : Capital humano - Filipinas
Languages : en
Pages : 44

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Book Description
Data on education in the Philippines show that there are large differences in the private rate of return to education by level: the wage premia associated with an additional year of schooling are about twice as large at the university level as they are at the primary school level. In addition, there are large "sheepskin effects." Completion of the last year of schooling within a given level is rewarded disproportionately, particularly for university graduates.

Convexity and Sheepskin Effects in the Human Capital Earnings Function

Convexity and Sheepskin Effects in the Human Capital Earnings Function PDF Author: Norbert Schady
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
A revised version was published as Convexity and Sheepskin Effects in the Human Capital Earnings Function: Recent Evidence for Filipino Men. Oxford Bulletin of Economics and Statistics 65 (2), May 2003.Data on education in the Philippines show that there are large differences in the private rate of return to education by level: the wage premia associated with an additional year of schooling are about twice as large at the university level as they are at the primary school level. In addition, there are large sheepskin effects. Completion of the last year of schooling within a given level is rewarded disproportionately, particularly for university graduates.Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. Schady uses data from a recent household survey for the Philippines, the 1998 Annual Poverty Indicator Survey, to test the fit of the log-linear specification for Filipino men. He presents results based on various estimation strategies, including spline regressions and semi-parametric regressions with a large number of dummy variables for years of schooling and experience. He concludes that:- There appear to be large differences between rates of return to education across different levels in the Philippines. The wage premia for both primary and secondary education are significantly smaller than those for tertiary education.- Within each level - primary, secondary, and university - the last year of schooling is disproportionately rewarded in higher wages. That is, there appear to be clear sheepskin effects associated with graduation.This paper - a product of the Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to understand the links between education, earnings, and welfare.

Securities Clearance and Settlement Systems

Securities Clearance and Settlement Systems PDF Author: Mario Guadamillas
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 44

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Book Description
How to assess securities clearance and settlement systems, based on international standards and best practices.

how accession to the european union has affected external trade and forigen direct investment in central european economics

how accession to the european union has affected external trade and forigen direct investment in central european economics PDF Author: Bartłomiej Kamiński
Publisher: World Bank Publications
ISBN:
Category : Europe
Languages : en
Pages : 50

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Book Description
During the Central European countries' reintegration into the world economy, their proximity and accession to the European Union greatly affected first the flow of capital and then the flow of goods. Countries that adopted radical liberal reform and had preferential access to EU markets have benefited most, attracting foreign direct investment and drawing multinational corporations relocating their production sites.

Trade Policy, Standards, and Development in Central America

Trade Policy, Standards, and Development in Central America PDF Author: Gary Clyde Hufbauer
Publisher: World Bank Publications
ISBN:
Category : Central America
Languages : en
Pages : 54

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Book Description
Faster economic growth and expansion of exports in Central America in the 21st century will depend on many factors. These include efficient and modern standards systems and an end to technical barriers to trade. Regional efforts can be an efficient way to modernize standards systems.

On the Urbanization of Poverty

On the Urbanization of Poverty PDF Author:
Publisher: World Bank Publications
ISBN:
Category : Urban poor
Languages : en
Pages : 16

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Book Description


The Gender Implications of Public Sector Downsizing

The Gender Implications of Public Sector Downsizing PDF Author: Martín Rama
Publisher: World Bank Publications
ISBN:
Category : Downsizing of organizations
Languages : en
Pages : 42

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Book Description
Men and women may be affected differently by the transition from central planning to a market economy and especially by the privatization and restructuring of state-owned enterprises. In Vietnam during the massive downsizing in the early 1990s, many more women than men were laid off. But in the downsizing in the early part of this decade women are less likely than men to be retrenched in large numbers.

How Adverse Selection Affects the Health Insurance Market

How Adverse Selection Affects the Health Insurance Market PDF Author: Paolo Belli
Publisher: World Bank Publications
ISBN:
Category : Adverse selection (Insurance)
Languages : en
Pages : 38

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Book Description
There may be a price to pay (in terms of inefficient coverage) if competition among health insurers is encouraged as a way to give patients greater choice and to achieve better control over insurance providers.

Higher Education for and beyond the Sustainable Development Goals

Higher Education for and beyond the Sustainable Development Goals PDF Author: Tristan McCowan
Publisher: Springer Nature
ISBN: 303019597X
Category : Education
Languages : en
Pages : 365

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Book Description
This book analyses the role of the university in working towards the Sustainable Development Goals. In contrast to the previous Millennium Development Goals, higher education is seen to have a crucial role in this new agenda. Yet how can the university fulfil these weighty expectations, and are the dominant trends in higher education supporting or undermining this vision? This book draws on the idea of the ‘developmental university’, a model characterised by its porous boundaries with society and commitment to teaching, research and community engagement in the public interest. The author examines case studies from Latin America, Africa and other regions to analyse how this model can be revived, countering recent trends of marketisation, status competition and unbundling. The book also considers alternatives to the developmental model drawing on indigenous knowledge systems, looking beyond the SDG framework to the creation of a new form of society. This timely volume will be of interest and value to those working in the field of sustainable development, and to students and scholars of comparative education, international development and higher education studies.

Diagnosing the Philippine Economy

Diagnosing the Philippine Economy PDF Author: Dante B. Canlas
Publisher: Anthem Press
ISBN: 0857289942
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
'Diagnosing the Philippine Economy' describes the conditions that depress economic growth in the Philippine economy and their causes and potential solutions. The studies' findings provide insight for politicians, academicians, and economists into the issues and their potential solutions.