Monazza Aslam|Faisal Bari|Geeta Kingdon
Returns to schooling, ability and cognitive skills in Pakistan
University of Oxford|Lahore University of Management Sciences|University of London
study investigates economic outcomes education wage earners pakistan done analysing relationship schooling cognitive skills ability one hand economic activity occupation sectoral choice earnings pakistan important question remains largely unaddressed coefficient schooling conventional earning function estimates measure whereas human capital theory holds economic return extra year schooling measures productivity gains acquired additional schooling credentialist view argues represents return acquired qualifications credentials third view signalling hypothesis suggests captures return native ability paper seeks adjudicate theories using data unique purposedesigned survey 1000 households pakistan collected 2007 paper also examines shape educationearnings relationship pakistan way testing povertyreducing potential education pakistan