Presenters: Dr Rozana Himaz (Oxford Brookes University) & Dr Harsha Aturupane (World Bank)
This presentation looked at the effect schooling had on household welfare in Sri Lanka during the 1990-2006 period, on average and across the welfare distribution. The authors used data from four cross-sectional Household Income & Expenditure Surveys. The results showed that the marginal effect of schooling on welfare is significant and positive and an extra year of schooling on the part of the most educated adult member in the household can increase welfare by 3.8 percent on average. However, the effect varies considerably across the welfare distribution, with the effect being highest at the lower and middle sections.