Educational expansion and shifting private returns to education: Evidence from Mozambique

We examine how returns to education have evolved in the context of post-conflict reconstruction and economic growth Mozambique over period 1996–2015. show that private rates return declined at lower levels schooling, but remained stable possibly even increased highest levels. Returns are increasingly convex non-agricultural jobs almost flat agriculture. Using consumption expenditure data, as opposed income allows estimation for entire labour market, not just minority formal sector jobs. Results robust a wide range specifications, including use pseudo-panel.