Abstract
Relatively little is known about the youth labour market in Mongolia. This article studies returns to education of 15–29-year-olds by taking advantage of a recent ad hoc School to Work Transition Survey. Based on augmented Mincerian earnings equations, education and work experience appear to be important determinants of earnings. Vocational does not provide higher wages than compulsory education. Factors bearing wage gains include living in the capital city and in urban areas in general. Factors bearing wage penalties include gender, informal work, training, using informal job search networks and herding. Union membership, being a migrant and civil status are wage-neutral.
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