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Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework, 1990-2010

Leonardo Gasparini, Sebastian Galiani, Guillermo Cruces and Pablo Acosta
Additional contact information
Leonardo Gasparini: CEDLAS-FCE-UNLP & CONICET
Guillermo Cruces: CEDLAS-FCE-UNLP & CONICET & IZA
Pablo Acosta: World Bank

CEDLAS, Working Papers from CEDLAS, Universidad Nacional de La Plata

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 semiskilled 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.

New Economics Papers: this item is included in nep-lam and nep-ltv
Date: 2018-12
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Related works:
Working Paper: Educational Upgrading and Returns to Skills in Latin America. Evidence from a Supply-Demand Framework, 1990-2010 (2012) Downloads
Working Paper: Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework, 1990-2010 (2011) Downloads
Working Paper: Educational upgrading and returns to skills in Latin America: evidence from a supply-demand framework, 1990-2010 (2011) Downloads
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