Economic returns to schooling in a less developed country: evidence for Indonesia
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Open access
Authors
Purnastuti, Losina
Miller, Paul
Salim, Ruhul
Date
2012Type
Journal Article
Metadata
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Purnastuti, Losina and Miller, Paul and Salim, Ruhul. 2012. Economic returns to schooling in a less developed country: evidence for Indonesia. Journal of European Economy 11 (Special issue): pp. 328-342.
Source Title
Journal of European Economy
ISSN
Remarks
Journal of European Economy published by Ternopil National Economic University, Ukraine. See Related Links field for the journal's website.
Collection
Abstract
The purpose of this study is to provide an update of the empirical evidence on the private return to schooling in Indonesia using sample data from Indonesian Family Life Survey 4 (IFLS 4). The augmented Mincerian model is utilised to quantify the private return to schooling. The main result obtained indicates that the return to schooling in Indonesia is relatively low compare to other Asian and Less Developed Countries. It is also found that return to schooling for females are significantly different from those of males.
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