Number of Downlaods: 28
Published Date: Nov 20, 1992
The Rates of Return to Education in Rawalpindi, Pakistan (R-5)
The paper estimates rates of return to schooling in Rawalpindi, Pakistan in the Becker-Mincer framework. The estimates show that the rates of return are significantly different across work-status categories with the self-employed obtaining a lower return than the employed. Consequently, pooling of the two subsamples from LDCs–as is often done in similar exercises –is incorrect. Nevertheless, the estimates, especially those for the employed, compare favorably with those from other countries.