Return to Education and Work Experience in Bangladesh: An Instrumental Variable Quantile Regression Approach

Key Points

• Work experience significantly impacts the return to education in Bangladesh, enhancing income potential.
• Quantile regression analysis reveals varying effects of education across different income levels among workers.
• The method employed is an instrumental variable quantile regression approach, focusing on heterogeneous effects.
• This analysis highlights the importance of tailored educational interventions to boost economic outcomes for graduates.