ERIC Number: EJ1438732
Record Type: Journal
Publication Date: 2024
Pages: 23
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: EISSN-1469-5782
The Effect of Education on Household Incomes Using the Mincerian Approach: A Comparison between MENA and the Rest of the World
Zafiris Tzannatos; Ishac Diwan; Joanna Abdel Ahad
Education Economics, v32 n5 p721-743 2024
This paper uses the Mincerian approach in an experimental way to examine the impact of education on household incomes (not labor earnings) of all workers (not just employees) across 162 countries. Our results are broadly similar to the conventionally estimated rates of return to education after allowing for the fact that earnings are only a part of total household incomes. We then apply the results to the case of Arab countries and find that our experimental approach can promisingly be used for the study of the impact of education not just on individual earnings of employees but also on total household incomes of all workers and more broadly on the economy and the labor market.
Descriptors: Foreign Countries, Education Work Relationship, Family Income, Outcomes of Education, Arabs, Self Employment, Employees, Global Approach, Cultural Context
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Middle East
Grant or Contract Numbers: N/A