Article Per Year (5 Year)
p-Index From 2020 - 2025
0
P-Index
This Author published in this journals
All Journal East Java Economic Journal
Nuelda Amalia
Universitas Airlangga
Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
DEVELOPMENT OF EDUCATION RETURN RATE IN EAST JAVA 2015 AND 2018 Nuelda Amalia; Lilik Sugiharti
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (767.016 KB) | DOI: 10.53572/ejavec.v3i2.29

Abstract

Education provides many benefits for the workforce, one of which is income when enter-ing the labor market. The return on educational benefits as measured by income is often referred to as the rate of return on education investment. This study aims to determinethe development of the rate of return on education investment in East Java in 2015 and2018. The data used are data from the East Java National Labor Force Survey (Sakernas) in2015 and 2018. The estimated rate of return on education investment is carried out usingthe Heckman Selection Model Method which uses the Heckman Selection Model. modifiedMincer’s Income Function Model to overcome sample-selectivity-bias. The result is thatthe rate of return on investment in education in East Java in 2015 and 2018 generallyincreased, except at the higher education level.Keywords: Return on Investment Education, Income, Profitability, East JavaJEL : I26, I25, N35
Co-Authors Sugiharti, Lilik