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Returns to College Education in Ethiopia Financial institutions


The paper estimates returns to college education in the development Bank of Ethiopia (DBE). Using a mincerian earnings function and correcting for selection bias, the paper shows that there are positive private returns to college education (of about 8.6%), experience and performance evaluation. However, compared with the average returns to college education for the country as a whole (which is close to 27.4% ) the returns obtained for the DBE seem far from attractive and would thus seem to necessitate revision in the bank's pay-scales if the DBE is to survive as an efficient bank in an increasingly competitive financial lab our market

Corporate Author: 
Senait Seyoum and alemayehu Seyoum (editors) , Ethiopian Economic Association(EEA), Departments of Economics of AAU & Fredrich Ebert Stifung
Ethiopian Economic Association (EEA)
Primary Descriptors: 

Development bank of Ethiopia (DBE), College attendance

Secondary Descriptor: 

Education -Economic aspects

Geographic Descriptors: 
Cataloge Date: 
Broad Subject heading: 
Education - financial institute
Call Number: 
338.963 PRO 1998
Serial Key Title: 
Proceedings of the Seventh Annual conference on the Ethiopian economy
Publication catagory: 
Content type: 
Publication date: 
2013-02-27 15:58:14
Forum or Discussion date: 
2013-02-27 15:58:14
Conference Place: 
Nov. 28 - 30, 1997, Nazareth, Ethiopia
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Current frequency: 
Thematic area: 
Human resource Development in Ethiopia