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The profitability of investment in education : concepts and methods (Английский)

This paper reviews the basic concept of the profitability of investment in education and enumerates the various techniques that have been used in the literature to estimate the rate of return to investment in education. This various estimating techniques are illustrated by using household survey data from Venezuela and Guatemala. The paper also reviews the controversies that have appeared in the literature regarding the use of rates of return to investment...
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