英文摘要
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This paper provides evidence with regard to the behavior over time of the rate of return to education in Taiwan during the 1978-2001 period. By employing the Manpower Utilization Survey, our results exhibit a general pattern of increasing rates of return to schooling over the past two decades, with slightly larger estimates for women, for the general curricula (high schools), for the services sector, and for the public sector. Moreover, since the estimated rate of return is increasing with the years of schooling in general, our findings lead us to conclude that investment in higher education continues to be an attractive investment opportunity.
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