RETURNS TO EDUCATIONAL INVESTMENTS IN A TRANSITIONAL ECONOMY

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Focusing on the intersection of education and labor economics, this book presents a detailed analysis of occupational educational requirements and associated salaries derived from job advertisements. It offers empirical evidence on the returns to education, particularly in the context of the 1992 dissolution of the Soviet economy and the subsequent transitions in former republics. The study highlights the evolving nature of economic models in developing economies, emphasizing the critical role of training and education in shaping labor markets during periods of significant economic change.