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A Demand-Supply Analysis of the Spanish Education Wage Premium in the 1980s and 1990s

Manuel Hidalgo

No 08.01, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: We estimate the demand for education in Spain, and use the estimated demand curve to analyze whether the evolution of the education wage premium in the 1980s and 1990s can be explained by a demand-supply framework. We find that growth in the demand for education in the 1980s was very similar to growth in the 1990s. Our empirical results show that difference in the evolution of the education wage premium between the two decades can be explained by combining observed changes in labor supply with steady labor demand growth.

Keywords: wage premium; relative demand; relative supply (search for similar items in EconPapers)
JEL-codes: J24 J31 O33 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2008-01
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-lab
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Citations: View citations in EconPapers (4)

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http://www.upo.es/serv/bib/wps/econ0801.pdf First version, 2008 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pab:wpaper:08.01

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