Abstract/Details

*Education, inequality and economic mobility in South Africa


2001 2001

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Abstract (summary)

This study of the relation between education and earnings in South Africa in 1993 concludes that the private labor-market rate of return to investment in primary and secondary education for Africans is about 15 to 21%. This figure is about half the average for sub-Saharan Africa and does not reflect a large absolute effect of schooling on earnings so much as a very low labor-market opportunity cost, which cost is depressed by widespread youth unemployment. The decision to drop out after only a few years of school may be economically justifiable for students from poor families, who, out of necessity, are constrained by short time horizons. Policies designed to lower the direct costs of education may have little effect on the poorest households. As a result, it may prove quite difficult to achieve a more equal distribution of educational capital. Furthermore, log expected earnings are convex in years of schooling, with the implication that even if schooling does become more equally distributed, increases in mean educational attainment for Africans are likely to be associated with greater economic inequality among Africans (but less inequality between the races).

Indexing (details)


Subject
Labor economics;
Economics;
Educational sociology;
Social structure;
Correlation analysis;
Education;
Earnings;
Studies
Classification
0510: Labor economics
0501: Economics
0340: Educational sociology
0700: Social structure
Identifier / keyword
Social sciences; Education; Economic mobility; Education; Inequality; Poverty trap; South Africa
Title
*Education, inequality and economic mobility in South Africa
Author
Hertz, Thomas Nathaniel
Number of pages
154
Publication year
2001
Degree date
2001
School code
0118
Source
DAI-A 62/09, Dissertation Abstracts International
Place of publication
Ann Arbor
Country of publication
United States
ISBN
9780493392196, 049339219X
Advisor
Bowles, Samuel
University/institution
University of Massachusetts Amherst
University location
United States -- Massachusetts
Degree
Ph.D.
Source type
Dissertations & Theses
Language
English
Document type
Dissertation/Thesis
Dissertation/thesis number
3027205
ProQuest document ID
304699102
Copyright
Database copyright ProQuest LLC; ProQuest does not claim copyright in the individual underlying works.
Document URL
http://search.proquest.com/docview/304699102
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