TY - UNPB
T1 - The evolution of private returns to education during post-conflict transformation
T2 - Evidence from Mozambique
AU - Jones, Edward Samuel
AU - Sohnesen, Thomas Pave
AU - Trifkovic, Neda
PY - 2018/11
Y1 - 2018/11
N2 - This paper estimates how private returns to education have evolved in the context of postconflict transformation in Mozambique. This has been characterized by rapid economic growth, significant expansion of the schooling system, but also limited structural change in a labour market dominated by small-scale agricultural activity. We find clear evidence that rates of return to education in the country have shifted over time—declining at lower levels of schooling, but remaining stable and possibly rising at the highest levels. This is consistent with increasingly convex returns, which are most evident among those in non-agricultural (wage) jobs. As such, workers today must accumulate more years of schooling to achieve the same expected return as in the past.
AB - This paper estimates how private returns to education have evolved in the context of postconflict transformation in Mozambique. This has been characterized by rapid economic growth, significant expansion of the schooling system, but also limited structural change in a labour market dominated by small-scale agricultural activity. We find clear evidence that rates of return to education in the country have shifted over time—declining at lower levels of schooling, but remaining stable and possibly rising at the highest levels. This is consistent with increasingly convex returns, which are most evident among those in non-agricultural (wage) jobs. As such, workers today must accumulate more years of schooling to achieve the same expected return as in the past.
KW - Faculty of Social Sciences
KW - returns to education
KW - workforce
KW - pseudo-panel
KW - Mozambique
KW - Employment
KW - Education
M3 - Working paper
T3 - UNU WIDER Working Paper Series
BT - The evolution of private returns to education during post-conflict transformation
ER -