In this paper a rich and innovative dataset, the International Adult Literacy Survey, is used to examine the impact of cognitive skill/functional literacy earnings. The IALS surveys 12 OECD countries and sub-regions via a consistent questionnaire and includes a number of tests of numeracy and...

In this paper we provide an analytical review of previous estimates of the rate of return on schooling investments and measure how these estimates vary by country, over time, and by estimation method. We find evidence of reporting (or "file drawer") bias in the estimates and, after due account...

Using a dataset that allows consistent cross-country comparisons we test the non-linearity in a conventional earnings equation with respect to schooling. The findings suggest that assumption of linearity is not robust and that there are well determined positive returns to the completion of...

The objective of this study is to compare the effects on earnings across a pectrum of studies. Research on the topic has been very limited up to the 1990s, but the emergence of a number of comprehensive data sets has allowed considerable research into the topic. A cross paper comparison of the...