Education. earning and skills: A multi-country comparison

K Denny, C Harmon, V O'Sullivan - 2004 - econstor.eu
This paper uses the measures of basic skills (or functional literacy) in the International Adult
Literacy Survey to examine the impact of education and basic skills on earnings across a
large number of countries. We show that the estimated return to formal education is sensitive
to the inclusion of these measures: excluding them biases the return to education upwards
in many countries to a significant degree, usually 1 or 2 percentage points. In almost all
countries, the test scores have a well-determined effect on earnings although there is …

Education, earnings and skills: a multi-country comparison

C Harmon, K Denny, V O'Sullivan - 2003 - researchrepository.ucd.ie
This paper uses the measures of basic skills (or functional literacy) in the International Adult
Literacy Survey to examine the impact of education and basic skills on earnings across a
large number of countries. We show that the estimated return to formal education is sensitive
to the inclusion of these measures: excluding them biases the return to education upwards
in many countries to a significant degree, usually 1 or 2 percentage points. In almost all
countries, the test scores have a well-determined effect on earnings although there is …
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