Since the development of human capital theory, countless estimates of the economic benefits of investing in education for the individual have been published. While it is a universal fact that in all countries of the world the more education one has the higher his or her earnings, it is...

Little is known about which of the skills that make up workers' human capital contribute to higher earnings. Past empirical evidence suggest that most of the return to schooling is generated by effects or correlates unrelated to the skills measured by the available tests. This paper uses the...

This paper exploits a natural experiment approach to identify the impact of legislation (Employment of Children Act 1991) in Pakistan on participation of children in the labor markets. The law prohibits employment of children less than 14 years of age in sectors other than agriculture or...

The conceptual framework -- Educational outcomes and the impact on labor market outcomes -- Employment outcomes and links to the broader economic context -- Conclusion: how education can improve labor market outcomes

This note synthesizes the findings of various analytical pieces conducted by the World Bank in the education sector in Indonesia. The World Bank has supported the knowledge base on education in Indonesia through several studies and technical assistance partnerships, which are noted at the end of...