Declining Rates of Return to Education: Evidence for Indonesia
In 1977, American labour economist Richard Freeman documented a fall in the return to education in the US, and attributed it to the expansion of the country's education sector. This article shows, similarly, that the returns to education in Indonesia generally declined between 1993 and 2007–08,...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Routledge
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/17195 |
| _version_ | 1848749397212397568 |
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| author | Purnastuti, L. Miller, Paul Salim, Ruhul |
| author_facet | Purnastuti, L. Miller, Paul Salim, Ruhul |
| author_sort | Purnastuti, L. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In 1977, American labour economist Richard Freeman documented a fall in the return to education in the US, and attributed it to the expansion of the country's education sector. This article shows, similarly, that the returns to education in Indonesia generally declined between 1993 and 2007–08, following the large-scale expansion of the sector. The changes, however, were reasonably modest, and sometimes differed between males and females. This suggests that both recent growth in the education sector (which by itself could depress the return to education) and uneven growth across the Indonesian economy (which could differentially increase demand for graduates at various levels of education) have played a role in determining the pattern of change over time in the profitability of education in Indonesia. |
| first_indexed | 2025-11-14T07:20:17Z |
| format | Journal Article |
| id | curtin-20.500.11937-17195 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:20:17Z |
| publishDate | 2013 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-171952017-09-13T16:01:02Z Declining Rates of Return to Education: Evidence for Indonesia Purnastuti, L. Miller, Paul Salim, Ruhul earnings experience returns to education In 1977, American labour economist Richard Freeman documented a fall in the return to education in the US, and attributed it to the expansion of the country's education sector. This article shows, similarly, that the returns to education in Indonesia generally declined between 1993 and 2007–08, following the large-scale expansion of the sector. The changes, however, were reasonably modest, and sometimes differed between males and females. This suggests that both recent growth in the education sector (which by itself could depress the return to education) and uneven growth across the Indonesian economy (which could differentially increase demand for graduates at various levels of education) have played a role in determining the pattern of change over time in the profitability of education in Indonesia. 2013 Journal Article http://hdl.handle.net/20.500.11937/17195 10.1080/00074918.2013.809842 Routledge restricted |
| spellingShingle | earnings experience returns to education Purnastuti, L. Miller, Paul Salim, Ruhul Declining Rates of Return to Education: Evidence for Indonesia |
| title | Declining Rates of Return to Education: Evidence for Indonesia |
| title_full | Declining Rates of Return to Education: Evidence for Indonesia |
| title_fullStr | Declining Rates of Return to Education: Evidence for Indonesia |
| title_full_unstemmed | Declining Rates of Return to Education: Evidence for Indonesia |
| title_short | Declining Rates of Return to Education: Evidence for Indonesia |
| title_sort | declining rates of return to education: evidence for indonesia |
| topic | earnings experience returns to education |
| url | http://hdl.handle.net/20.500.11937/17195 |