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Education outcomes
The OECD quantifies the financial returns to an individual achieving a certain level of education as compared to someone completing the education level below, and cross-country comparisons are enabled by expressing these in PPP terms (figure 7.4). Policy makers can use these data to assess the economic benefits to growth, society, and individuals through education investments.
Uses and limitations of Purchasing Power Parities
Chapter 1: The size of the economy and price levels
Chapter 2: Poverty and inequality
Chapter 3: Trade and competitiveness
Chapter 4: Labor costs, wages, and social safety nets
Chapter 5: Food and nutrition
Chapter 6: Health
Chapter 7: Education
Chapter 8: Energy and climate
Chapter 9: Infrastructure
Chapter 10: Human Development
Chapter 11: Administrative uses
Technical note