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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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 |
_version_ |
1764392577724841984 |