Linking Education Policy to Labor Market OutcomesWorld Bank Publications, 9 apr. 2008 - 112 pagini 'Linking Education Policy to Labor Market Outcomes' examines current research and new evidence from Ghana and Pakistan representative of two of the poorest regions of the world to assess how education can increase income and help people move out of poverty. This study indicates that in addition to early investments in cognitive and noncognitive skills which produce a high return and lower the cost of later educational investment by making learning at later ages more efficient quality, efficiency, and linkages to the broader macro-economic context also matter. Education and relevant skills are still the key determinants of good labor market outcomes for individuals. However, education policies aimed at improving skills will have a limited effect on the incomes of that skilled workforce or on the performance of a national economy if other policies that increase the demand for these skills are not in place. For education to contribute to national economic growth, policies should aim at improving the quality of education by spending efficiently and by adapting the basic and postbasic curricula to develop the skills increasingly demanded on the global labor market, including critical thinking, problem solving, social behavior, and information technology. |
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ability agriculture analysis Angrist approach bias cation coefficient cognitive achievement country context Data Main results demand for education developing countries educa education levels education on earnings education system education–labor market linkages educational outcomes effect of education Eric Hanushek estimates Evidence Ferranti firms gender Ghana and Pakistan Hanushek Heckman high returns higher household surveys human capital impact income increase individuals Instrumental Variables International Development Association issues job creation Kingdon and Soderbom Labor Economics labor force labor market outcomes levels of education Linking Education Policy literacy and numeracy literature Low-income countries lower macroeconomic marginal returns method Data Main numeracy occupation Pakistan and Ghana percent percentile of earnings Policy to Labor primary education primary school quantile quantile regressions raise earnings rate of return returns to education Sabot score sector self-employed self-employment Shahrukh Khan Soderbom 2007a Study and objective suggests Teal tion variables Wage employed wage employment workers World Bank
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Pagina 20 - Level 1 may, therefore, be at risk not only of difficulties in their initial transition from education to work but also of failure to benefit from further education and learning opportunities throughout life.
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Pagina 82 - Using Siblings to Estimate the Effect of School Quality on Wages.
Pagina 82 - Long-Term Educational Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia.
Pagina 84 - Does School Quality Matter? Returns to Education and the Characteristics of Schools in South Africa,
Pagina 34 - Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom) should increase 9 percent annually between 1995 and 2000, to $45 billion.
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Pagina 83 - School Quality and Cognitive Achievement Production: A Case Study for Rural Pakistan.
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