Adult literacy, heterogeneity and returns to schooling in Chile †
We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27%, equivalent to two additional years of schooling, while a one standard deviation increase...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2013
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/97879 http://hdl.handle.net/10220/18056 |
| _version_ | 1811681656183980032 |
|---|---|
| author | Sakellariou, Christos Patrinos, Harry Anthony |
| author2 | School of Humanities and Social Sciences |
| author_facet | School of Humanities and Social Sciences Sakellariou, Christos Patrinos, Harry Anthony |
| author_sort | Sakellariou, Christos |
| collection | NTU |
| description | We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27%, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20%. For those who are less skilled, more education contributes little to earnings; rather skills are the key to higher earnings. The nonschooling component of skill is a significant contributor to earnings, but not the component associated with years of schooling. |
| first_indexed | 2024-10-01T03:44:24Z |
| format | Journal Article |
| id | ntu-10356/97879 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T03:44:24Z |
| publishDate | 2013 |
| record_format | dspace |
| spelling | ntu-10356/978792020-03-07T12:10:40Z Adult literacy, heterogeneity and returns to schooling in Chile † Sakellariou, Christos Patrinos, Harry Anthony School of Humanities and Social Sciences DRNTU::Social sciences We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27%, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20%. For those who are less skilled, more education contributes little to earnings; rather skills are the key to higher earnings. The nonschooling component of skill is a significant contributor to earnings, but not the component associated with years of schooling. 2013-12-05T02:09:22Z 2019-12-06T19:47:36Z 2013-12-05T02:09:22Z 2019-12-06T19:47:36Z 2013 2013 Journal Article Patrinos, H. A., & Sakellariou, C. (2013). Adult literacy, heterogeneity and returns to schooling in Chile †. Education economics, 1-15. https://hdl.handle.net/10356/97879 http://hdl.handle.net/10220/18056 10.1080/09645292.2013.824951 en Education economics |
| spellingShingle | DRNTU::Social sciences Sakellariou, Christos Patrinos, Harry Anthony Adult literacy, heterogeneity and returns to schooling in Chile † |
| title | Adult literacy, heterogeneity and returns to schooling in Chile † |
| title_full | Adult literacy, heterogeneity and returns to schooling in Chile † |
| title_fullStr | Adult literacy, heterogeneity and returns to schooling in Chile † |
| title_full_unstemmed | Adult literacy, heterogeneity and returns to schooling in Chile † |
| title_short | Adult literacy, heterogeneity and returns to schooling in Chile † |
| title_sort | adult literacy heterogeneity and returns to schooling in chile † |
| topic | DRNTU::Social sciences |
| url | https://hdl.handle.net/10356/97879 http://hdl.handle.net/10220/18056 |
| work_keys_str_mv | AT sakellariouchristos adultliteracyheterogeneityandreturnstoschoolinginchile AT patrinosharryanthony adultliteracyheterogeneityandreturnstoschoolinginchile |