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Changes in Returns to Education in Latin America

The Role of Demand and Supply of Skills

Bibliographic Data

ID4573700
AuthorsMarco Manacorda (Bank of England), Carolina Sanchez-Paramo (University of Chile), Norbert Schady (University of Chile)
Year2010
Volume63
Issue2
Pages307-326
Publication date2010-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueIndustrial and Labor Relations Review (JOURNAL)
Journal identifiersISSN: 0019-7939 • E-ISSN: 2162-271X
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/001979391006300207
OpenAlexW2131009490
LanguageEN
Citations received14
References cited29

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

Demographic economics · Economic growth · Economics · Labour economics · Latin Americans · Macroeconomics · Pedagogy · Political science · Primary education · Production (economics) · Secondary education · Sociology · Supply and demand · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Labor market dynamics and wage inequality

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Unique citing works14
Citations per year0,78
Citation span2008 - 2024 (17)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 11

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