The costs of early school leaving in Europe

Table 5 Discounted present value of benefits to costs associated to reducing class size by 5%

	Ratio of discounted benefits to costs		Ratio of discounted benefits to costs		Ratio of discounted benefits to costs
Discount rate	annual productivity growth 0%		annual productivity growth 1%		annual productivity growth 2%
	Males	Females	Males	Females	Males	Females
0%	1.07	0.32	1.08	0.33	1.09	0.33
2%	0.58	0.19	0.58	0.19	0.59	0.20
3%	0.34	0.12	0.34	0.12	0.34	0.12