Cost of a Productivity Adjusted Educated Worker

To triangulate our picture of the cost of an educated worker, we also look at the cost adjusting for observed differences in productivity (output per hour worked) rather than education quality. With this measure, we take the same approach of looking at the cost of the different cohorts. By adjusting for differences in observed productivity today we can get a better sense of the effective cost. Imagine you hire two workers of the same cost: one has a better education, but the other is more productive from day one on the job. This measure helps us weigh that second perspective, though it is somewhat less correlated with future incomes than our quality- adjusted measure, about 49%. Our measures are below. The overall picture isn’t all that different. India looks even stronger on this measure since their observed productivity is quite strong. In contrast, Japan falls lower down.

为了对我们对受过教育的工人的成本进行三角测量，我们还考察了观察到的生产率差异（每小时工作量）而不是教育质量的成本调整。通过这种措施，我们采取同样的方法来考虑不同队列的成本。通过调整观察到的生产力的差异，我们可以更好地了解有效成本。想象一下，你雇用两个同样成本的工人：一个人有更好的教育，但另一个在第一天工作更有成效。这个措施有助于我们权衡第二个观点，尽管它与未来的收入相比，与质量调整措施相比，差不多有49％左右。我们的措施如下总体情况并非如此。由于印度的生产力相当强劲，印度的这一措施更为强硬。相比之下，日本下降。