EconPapers    
Economics at your fingertips  
 

Educational upgrading and returns to skills in Latin America: evidence from a supply–demand framework

Pablo Acosta (), Guillermo Cruces, Sebastian Galiani () and Leonardo Gasparini ()
Additional contact information
Sebastian Galiani: University of Maryland
Leonardo Gasparini: CEDLAS-FCE-UNLP (Centro de Estudios Distributivos, Laborales y Sociales–Facultad de Ciencias Económicas–Universidad Nacional de La Plata), CONICET (Comisión Nacional de Investigaciones Científicas y Tecnológicas)

Latin American Economic Review, 2019, vol. 28, issue 1, 1-20

Abstract: Abstract This paper documents the evolution of wage differentials and the supply of workers by educational level for sixteen Latin American countries over the period 1991–2013. We find a pattern of rather constant rise in the relative supply of skilled and semi-skilled workers over the period. Whereas the returns to secondary education fell over time, in contrast, the returns to tertiary education display a remarkable changing pattern common to almost all economies: significant increase in the 1990s, strong fall in the 2000s, and a deceleration of that fall in the 2010s. We conclude that supply-side factors seem to have limited explanatory power relative to demand-side factors in accounting for changes in the wage gap between workers with tertiary education and the rest.

Keywords: Returns to skills; Latin America; Inequality; Education (search for similar items in EconPapers)
JEL-codes: J01 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1186/s40503-019-0080-6 Abstract (text/html)

Related works:
Working Paper: Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:laecrv:v:28:y:2019:i:1:d:10.1186_s40503-019-0080-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40503

DOI: 10.1186/s40503-019-0080-6

Access Statistics for this article

Latin American Economic Review is currently edited by Susan W. Parker, Kaniska Dam and Gonzalo Castañeda

More articles in Latin American Economic Review from Springer, Centro de Investigaciòn y Docencia Económica (CIDE)
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2020-02-20
Handle: RePEc:spr:laecrv:v:28:y:2019:i:1:d:10.1186_s40503-019-0080-6