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Unemployment and private returns to higher education in Argentina (1974-2002)

Cecilia Adrogue

Ensayos de Política Económica, 2010, vol. 1, issue 4, 32-53

Abstract: The paper analyzes the private returns to higher education in Argentina during the period 1974-2002. The main conclusion is that returns to education are positive and increase once corrected by the level of unemployment. As a consequence, when analyzing whether to invest in education, one should not only consider as benefits the differential in earnings, but also the higher probability of having a job that comes with attaining more education. This is particularly relevant in a country like Argentina which had unemployment rates of 5% during the eighties and started to have unemployment rates in the double digits by the end of the 20th century and the beginning of the 21st century.

Keywords: Returns to higher education; unemployment (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 J60 (search for similar items in EconPapers)
Date: 2010
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