Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills

Using micro data for the urban areas of Argentina, Brazil, Chile, Colombia, and Mexico, the authors document trends in men's returns to education during the 1980s and the 1990s and estimate the role of supply and demand factors in explaining the changes in skill premia. They propose a model of...

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Main Authors: Manacorda, Marco, Sanchez-Paramo, Carolina, Schady, Norbert
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4741
id okr-10986-4741
recordtype oai_dc
spelling okr-10986-47412021-04-23T14:02:19Z Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills Manacorda, Marco Sanchez-Paramo, Carolina Schady, Norbert Analysis of Education I210 Human Capital Skills Occupational Choice Labor Productivity J240 Wage Level and Structure Wage Differentials J310 Economic Development: Human Resources Human Development Income Distribution Migration O150 Using micro data for the urban areas of Argentina, Brazil, Chile, Colombia, and Mexico, the authors document trends in men's returns to education during the 1980s and the 1990s and estimate the role of supply and demand factors in explaining the changes in skill premia. They propose a model of demand for skills with three production inputs, corresponding to workers with primary-, secondary-, and university-level education. Further, the authors demonstrate that an unprecedented rise in the supply of workers having completed secondary-level education depressed their wages relative to workers with primary-level education throughout Latin America. This supply shift was compounded by a generalized shift in the demand for workers with tertiary education. 2012-03-30T07:29:30Z 2012-03-30T07:29:30Z 2010 Journal Article Industrial and Labor Relations Review 00197939 http://hdl.handle.net/10986/4741 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Latin America Argentina Colombia Brazil Mexico Chile
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Analysis of Education I210
Human Capital
Skills
Occupational Choice
Labor Productivity J240
Wage Level and Structure
Wage Differentials J310
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
spellingShingle Analysis of Education I210
Human Capital
Skills
Occupational Choice
Labor Productivity J240
Wage Level and Structure
Wage Differentials J310
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
Manacorda, Marco
Sanchez-Paramo, Carolina
Schady, Norbert
Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
geographic_facet Latin America
Argentina
Colombia
Brazil
Mexico
Chile
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Using micro data for the urban areas of Argentina, Brazil, Chile, Colombia, and Mexico, the authors document trends in men's returns to education during the 1980s and the 1990s and estimate the role of supply and demand factors in explaining the changes in skill premia. They propose a model of demand for skills with three production inputs, corresponding to workers with primary-, secondary-, and university-level education. Further, the authors demonstrate that an unprecedented rise in the supply of workers having completed secondary-level education depressed their wages relative to workers with primary-level education throughout Latin America. This supply shift was compounded by a generalized shift in the demand for workers with tertiary education.
format Journal Article
author Manacorda, Marco
Sanchez-Paramo, Carolina
Schady, Norbert
author_facet Manacorda, Marco
Sanchez-Paramo, Carolina
Schady, Norbert
author_sort Manacorda, Marco
title Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
title_short Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
title_full Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
title_fullStr Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
title_full_unstemmed Changes in Returns to Education in Latin America : The Role of Demand and Supply of Skills
title_sort changes in returns to education in latin america : the role of demand and supply of skills
publishDate 2012
url http://hdl.handle.net/10986/4741
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