Not that surprising, but this is one of the papers emerging from the Royal Economic Society conference I’m attending this week. The effect is large, especially for men: hourly wages up by a third. Here’s the press release:
Being fluent in English increases the hourly wages of men in India by 34% and of women by 22% relative to people who speak no English. The return to English language skills for men is as much as the return to completing secondary school and half as much as the return to completing an undergraduate degree.
Read the complete news item at http://blogs.ft.com/undercover/2010/03/indian-want-to-prosper-learn-english/
very interesting…ofcourse it’ll do good to indians if it is directly associated with highschool and undergraduate education as the statistics portray..