Returns to schooling in Spain: 2008-2019

Jesus Lopez-Rodriguez, Andrés Faíña-Medín () and Mabel Haydée Villasenin-Ramos ()
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Andrés Faíña-Medín: Jean Monnet Group on Competition and Development (GCD), Department of Economics, School of Economics and Business, Universidade da Coruña, Coruña, Spain
Mabel Haydée Villasenin-Ramos: Jean Monnet Group on Competition and Development (GCD), Department of Economics, School of Economics and Business, Universidade da Coruña, Coruña, Spain

Economic Research Guardian, 2021, vol. 11, issue 2, 194-201

Abstract: The empirical literature dealing with returns to schooling in Spain is quite scarce. This paper estimates private returns to schooling in Spain over 2008-2019. While average years of schooling increased steadily over the period 2008-2019, returns to schooling followed the same path only until 2014 when they came to a halt. From 2014-2019 a decrease in returns of around 16% took place. Future research framing these results in terms of the labor market adjustments caused by the Great recession and the post-Great recession period will be worthwhile undertaking.

Keywords: Mincer-earnings function; Wages; Schooling; Experience; Spain (search for similar items in EconPapers)
JEL-codes: I21 I26 J24 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:11:y:2021:i:2:p:194-201

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