INVESTIGADORES
CRUCES Guillermo Antonio
artículos
Título:
Educational Upgrading and Returns to Skills in Latin America: Evidence from a Supply-Demand Framework
Autor/es:
SEBASTIAN GALIANI; GUILLERMO CRUCES; PABLO ACOSTA; LEONARDO GASPARINI
Revista:
NBER Working Papers
Editorial:
National Bureau of Economic Research
Referencias:
Año: 2017
ISSN:
0898-2937
Resumen:
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 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 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.
