Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework, 1990-2010
Guillermo Cruces and
Pablo Acosta ()
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Leonardo Gasparini: CEDLAS-FCE-UNLP & CONICET
CEDLAS, Working Papers from CEDLAS, Universidad Nacional de La Plata
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.
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Working Paper: Educational Upgrading and Returns to Skills in Latin America. Evidence from a Supply-Demand Framework, 1990-2010 (2012)
Working Paper: Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework, 1990-2010 (2011)
Working Paper: Educational upgrading and returns to skills in Latin America: evidence from a supply-demand framework, 1990-2010 (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:dls:wpaper:0239
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