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Flabbi, Luca; Paternostro, Stefano; Tiongson, Erwin R. – Economics of Education Review, 2008
This paper studies a sample of economies in transition to verify the assertion that returns to schooling increase as an economy transitions to a market environment. This claim has been difficult to assess in the past as the empirical evidence so far has covered only a few countries over short time periods. A number of studies find that returns to…
Descriptors: Outcomes of Education, Foreign Countries, Free Enterprise System, Economics