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Uses data from 1984, 1989, and 1992 household surveys to investigate the earnings/education relationship in Mexico. Time-series analysis results indicate that the returns to investment in education are depressed during a...
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Uses 1990 Household Survey data for Paraguay to analyze the education-earnings relationship. Human capital characteristics account for about 40% of individual earnings variance; each extra year of schooling yields a priv...
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Education is an economically and socially productive investment. Therefore, the educational systems in developing countries must continue to improve in quality, in efficiency, and in equality of opportunity if they are t...