The Analysis Return on Investment Education of Married Woman in Indonesia
Abstract
This study is the extension of the previous studies about the benefits of schooling, which emphasizes on the married women in Indonesia. Previous research found that the return on education of the married women is declining when the level of education increases. It needs more assessment since there are some unobserved variables which are potential to explain the return on schooling. This research is important since their involvement in labor markets is increasing. This study uses 2014 Susenas data to calculate and analyze the return on schooling for the married women. It will use the Mincerian model, adding more variables to the model such as control variable are characteristics individual variable, household characteristics and job characteristics husband of respondents. The hypothesis is that the marriage provides higher returns if the externalities due to marriage is valued. Externality (impact) because the variable of marriage significantly influences the return of female labor. Indonesia aged 15-64 years are: Number of children under five, education of respondents as well as husbands, respondent’s working hours and husbands, main workers / respondent professionals, Respondent’s work sector or husband, respondent’s education level and husband, Age of first married respondent, married long Positive and negative externalities (impacts) affect return to education.
Keywords: return on education, married women
References
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