The economic returns to education in transition countries have been extensively evaluated in the literature. The … present study contributes to this literature by estimating the returns to education in Georgia during the last transition … period 2000-04. We find very low returns to education in Georgia and little evidence of an increasing trend in the returns …

Expected earnings and expected returns to education are seen by labor economists as a major determinant of educational … variation across universities and fields. We also examine the trade-off between expected starting wages and wage growth. In the … final section of the paper, we contrast expected returns to education with actual returns estimated from country …

This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals …, the empirical analysis uses World Values Surveys to study the link between education and democratic attitudes. Controlling … for a variety of characteristics, the paper finds that higher education levels tend to result in prodemocracy views. These …

surprisingly similar to returns to formal education. The results of our analysis provide information for the players who are …

public sector continues to reward all types of education at higher than the elementary level. …

This paper develops a theoretical model of the inequality in wages and salaries associated with differences in years of …. But, our model also has the novel implication that innovations that increase differences between the wages and salaries … received by workers with the same years of education who are more or less able (ability premiums, for short) cause a smaller …