Scars of Pandemics from Lost Schooling and Experience

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dc.creatorSamaniego, Roberto
dc.creatorJedwab, Remi
dc.creatorRomer, Paul
dc.creatorIslam, Asif M.
dc.date2022-02-10T15:45:00Z
dc.date2022-02-10T15:45:00Z
dc.date2022-02
dc.date.accessioned2026-07-01T00:38:01Z
dc.descriptionPandemic shocks disrupt human capital accumulation through schooling and work experience. This study quantifies the long-term economic impact of these disruptions in the case of COVID-19, focusing on countries at different levels of development and using returns to education and experience by college status that are globally estimated using 1,084 household surveys across 145 countries. The results show that both lost schooling and experience contribute to significant losses in global learning and output. Developed countries incur greater losses than developing countries, because they have more schooling to start with and higher returns to experience. The returns to education and experience are also separately estimated for men and women, to explore the differential effects by gender of the COVID-19 pandemic. Surprisingly, while the study uncovers gender differences in returns to education and schooling, gender differences in the impact of COVID-19 are small and short-lived, with a loss in female relative income of only 2.5 percent or less, mainly due to the greater severity of the employment shock on impact. These findings might challenge some of the ongoing narratives in policy circles. The methodology employed in this study is easily implementable for future pandemics.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/277671644367755892/Scars-of-Pandemics-from-Lost-Schooling-and-Experience-Aggregate-Implications-and-Gender-Differences-Through-the-Lens-of-COVID-19
dc.identifierhttps://hdl.handle.net/10986/36972
dc.identifier10.1596/1813-9450-9932
dc.identifier.urihttp://hdl.handle.net/123456789/407850
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 9932
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectHUMAN CAPITAL
dc.subjectRETURNS TO EDUCATION
dc.subjectGENDER
dc.subjectGENDER PAY GAP
dc.subjectFEMALE RELATIVE INCOME
dc.subjectLABOR MARKETS
dc.subjectRETURNS TO EXPERIENCE
dc.subjectLOST SCHOOLING
dc.titleScars of Pandemics from Lost Schooling and Experience
dc.titleAggregate Implications and Gender Differences Through the Lens of COVID-19
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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