Educational upgrading and returns to skills in Latin America: evidence from a supply-demand framework

This paper documents the evolution of wage differentials and the supply of workers by educational level for sixteen Latin American countries [Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, and Venezuela] over the period 1991-2013. We find a pattern of rather constant rise in the relative supply of skilled and semi-skilled 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 alm ... Show more

Authors: Acosta, Pablo A.; Cruces, Guillermo; Galiani, Sebastian; Gasparini, Leonardo

Published: London, England, SpringerOpen, 2019

Resource type: Article

Access item: https://doi.org/10.1186/s40503-019-0080-6

Journal title: Latin American economic review

Journal volume: 28

Journal date: 2019

Pages: pp. 1-20

ISSN: 2198-3526 (print); 2196-436X (online)

Statement of responsibility: Pablo Acosta, Guillermo Cruces, Sebastian Galiani and Leonardo Gasparini

Peer reviewed: Yes

Document number: TD/TNC 152.143

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Subjects: Tertiary education Qualifications Employment Labour market Income Outcomes Statistics

Keywords: Educational level Graduates Skill development Return on education and training Wage differential Skilled worker Semiskilled worker Labour supply Labour demand Trend Comparative analysis

Geographic subjects: Argentina Brazil Bolivia Chile Colombia Costa Rica Ecuador El Salvador Honduras Mexico Nicaragua Panama Paraguay Peru Uruguay Venezuela South America Central America and the Caribbean North America

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