World Bank and University of Arkansas, USA
IZA World of Labor role
Author
Current position
Senior Adviser, Education, World Bank; Head of the Department of Education Reform and 21st Century Endowed Chair in Education Policy, University of Arkansas (August 12, 2024)
Research interest
Economics of education, returns to education, public-private partnerships
Website
Positions/functions as a policy advisor
Advised ministers of education on importance of education policy and investments
Past positions
Member, Academic Council, Mexicanos Primero
Qualifications
Doctor of Philosophy, Institute of Development Studies, University of Sussex, 1993
Selected publications
-
“Human Capital and Climate Change.” Review of Economics and Statistics 2024 (with N. Angrist, K. Winseck, J. Graff Zivin).
-
“Returns to investment in education: a decennial review of the global literature.” Education Economics 26:5 (2018): 445-458 (with G. Psacharopoulos).
-
Indigenous Peoples, Poverty and Development. Cambridge University Press, 2012 (with G. Hall).
-
“Empowering parents to improve education: Evidence from rural Mexico.” Journal of Development Economics 99:1 (2012): 68–79 (with P. Gertler and M. Rubio-Codina).
-
“Quality of schooling, returns to schooling and the 1981 vouchers reform in Chile.” World Development 39:12 (2011): 2245–2256 (with C. Sakellariou).
-
“Family size, schooling and child labor in Peru: An empirical analysis.” Journal of Population Economics 10 (1997): 387–405 (with G. Psacharopoulos).
-
Estimating the return to schooling using the Mincer equation Updated
The Mincer equation gives comparable estimates of the average monetary Returns of one additional year of education
Harry Anthony Patrinos, August 2024The Mincer equation—arguably the most widely used in empirical work—can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employment earnings as a function of schooling and labor market experience. The Mincer equation provides estimates of the average monetary returns of one additional year of education. This information is important for policymakers who must decide on education spending, prioritization of schooling levels, and education financing programs such as student loans.MoreLess