Adult literacy, heterogeneity and returns to schooling in Chile †

• 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
• Institution: Nanyang Technological University

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...