Psacharopoulos, George; Collis, Victoria; Patrinos, … - 2020
people. Closures are expected to reduce schooling and lead to future losses in earnings. Starting from the assumption that … every additional year of schooling translates to 8 percent in future earnings, this paper estimates and confirms the loss in … marginal future earnings on the basis of a four-month shutdown. We also estimated the losses by level of education. The …