Adult literacy, heterogeneity and returns to schooling in Chile †

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...

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Main Authors: Sakellariou, Christos, Patrinos, Harry Anthony
Other Authors: School of Humanities and Social Sciences
Format: Article
Language:English
Published: 2013
Subjects:
DRNTU::Social sciences
Online Access:https://hdl.handle.net/10356/97879
http://hdl.handle.net/10220/18056
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.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
institution Nanyang Technological University
building NTU Library
country Singapore
collection DR-NTU
language English
topic DRNTU::Social sciences
spellingShingle DRNTU::Social sciences
Sakellariou, Christos
Patrinos, Harry Anthony
Adult literacy, heterogeneity and returns to schooling in Chile †
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.
author2 School of Humanities and Social Sciences
author_facet School of Humanities and Social Sciences
Sakellariou, Christos
Patrinos, Harry Anthony
format Article
author Sakellariou, Christos
Patrinos, Harry Anthony
author_sort Sakellariou, Christos
title Adult literacy, heterogeneity and returns to schooling in Chile †
title_short 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_sort adult literacy, heterogeneity and returns to schooling in chile †
publishDate 2013
url https://hdl.handle.net/10356/97879
http://hdl.handle.net/10220/18056
_version_ 1681037350492176384

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