What is it about?
This study exposes a comparative treatment of the private returns to education in Palestine and Turkey over the period 2004-2008. Comparable data, similar definitions and same methodology are used in the estimations. The results suggest that returns to schooling are higher for Turkey at the various levels of education for females and males and for both years 2004 and 2008. In 2008, returns are lower than 2004 levels for all stages of education. Returns to education are higher for women than men in both countries.
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Why is it important?
Education is an important investment from the point of view of the individual and of the society. Therefore, knowledge of the monetary returns to education are important while deciding on the investment in education.
Perspectives
Turkey is a middle-income developing country. Palestine is a developing country. Education is an important process in development. Information about monetary returns to education will give an idea about how much to invest in education to the individuals and the policy makers.
Professor Aysit - Tansel
Middle East Technical University
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This page is a summary of: Returns to Education in Palestine and Turkey: A Comparative Analysis, Perspectives on Global Development and Technology, April 2014, Brill,
DOI: 10.1163/15691497-12341306.
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