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Sheepskin effects and screening in Colombia

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Author Info
Jhon James Mora ()

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Abstract

This article uses the Hungerford and Solon Test [1987] for calculating the sheepskin effect of returns from the education in Colombian labour market in 2000. It was found that the secondary school graduates enjoyed 13% returns whilst a university degree led to 17% returns. The Hungerford and Solon Test [1987], applied to a quantile regression, found returns ranging from 7% to 17% for secondary school graduates (across the entire income range) whilst a university degree produced returns between 17% and 27%.

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File URL: http://www.fce.unal.edu.co/cej/number1/4-Mora.pdf
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Article provided by COLOMBIAN ECONOMIC JOURNAL in its journal COLOMBIAN ECONOMIC JOURNAL.

Volume (Year): (2003)
Issue (Month): ()
Pages:
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Handle: RePEc:col:000096:003496

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Jaeger, David A & Page, Marianne E, 1996. "Degrees Matter: New Evidence on Sheepskin Effects in the Returns to Education," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 733-40, November. [Downloadable!] (restricted)
  2. Amemiya, Takeshi, 1982. "Two Stage Least Absolute Deviations Estimators," Econometrica, Econometric Society, vol. 50(3), pages 689-711, May. [Downloadable!] (restricted)
  3. Ziderman, Adrian, 1990. "The role of educational certification in raising earnings: Evidence from Israeli census data," Economics of Education Review, Elsevier, vol. 9(3), pages 265-271, September. [Downloadable!] (restricted)
  4. Sanmartin, Marta, 2001. "Linearity of the Return to Education and Self Selection," Applied Economics, Taylor and Francis Journals, vol. 33(1), pages 133-42, January. [Downloadable!] (restricted)
  5. Herman J. Bierens & Donna K. Ginther, 2001. "Integrated Conditional Moment testing of quantile regression models," Empirical Economics, Springer, vol. 26(1), pages 307-324. [Downloadable!] (restricted)
  6. Park, Jin Heum, 1999. "Estimation of sheepskin effects using the old and the new measures of educational attainment in the Current Population Survey," Economics Letters, Elsevier, vol. 62(2), pages 237-240, February. [Downloadable!] (restricted)
  7. Psacharopoulos, George, 1979. "On the weak versus the strong version of the screening hypothesis," Economics Letters, Elsevier, vol. 4(2), pages 181-185. [Downloadable!] (restricted)
  8. Belman, Dale & Heywood, John S, 1997. "Sheepskin Effects by Cohort: Implications of Job Matching in a Signaling Model," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 623-37, October. [Downloadable!] (restricted)
  9. Arkes, Jeremy, 1999. "What Do Educational Credentials Signal and Why Do Employers Value Credentials?," Economics of Education Review, Elsevier, vol. 18(1), pages 133-141, February. [Downloadable!] (restricted)
  10. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July. [Downloadable!] (restricted)
  11. Layard, Richard & Psacharopoulos, George, 1974. "The Screening Hypothesis and the Returns to Education," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 985-98, Sept./Oct. [Downloadable!] (restricted)
  12. Hungerford, Thomas & Solon, Gary, 1987. "Sheepskin Effects in the Returns to Education," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 175-77, February. [Downloadable!] (restricted)
  13. Riley, John G, 1979. "Testing the Educational Screening Hypothesis," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages S227-52, October. [Downloadable!] (restricted)
  14. Riley, John G, 1976. "Information, Screening and Human Capital," American Economic Review, American Economic Association, vol. 66(2), pages 254-60, May. [Downloadable!] (restricted)
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  15. Wolpin, Kenneth I, 1977. "Education and Screening," American Economic Review, American Economic Association, vol. 67(5), pages 949-58, December. [Downloadable!] (restricted)
  16. Herman J. Bierens & Werner Ploberger, 1997. "Asymptotic Theory of Integrated Conditional Moment Tests," Econometrica, Econometric Society, vol. 65(5), pages 1129-1152, September.
    Other versions:
  17. Theodore W. Schultz, 1960. "Capital Formation by Education," Journal of Political Economy, University of Chicago Press, vol. 68, pages 571. [Downloadable!] (restricted)
  18. Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nohora Yulieth Forero Ramírez & Luis Fernando Gamboa Niño, 2007. "Cambios en los retornos de la educación en Bogotá entre 1997 y 2003," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 66, pages 225-250, Enero-Jun. [Downloadable!]
    Other versions:
  2. David Bardey & Nohora Forero Ramírez, 2008. "Teorías y algunas experiencias internacionales en el financiamiento de la Educación Superior: lecciones para Colombia," DOCUMENTOS DE TRABAJO 004692, UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA. [Downloadable!]
  3. Jhon James Mora, 2008. "Sobre-educación en el mercado laboral colombiano," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(19), pages 293-309, July-Dece. [Downloadable!]
  4. Savanti, Maria Paula & Patrinos, Harry Anthony, 2005. "Rising returns to schooling in Argentina, 1992-2002 : productivity or credentialism?," Policy Research Working Paper Series 3714, The World Bank. [Downloadable!]
  5. Claudio Sapelli., 2009. "Los Retornos a la Educación en Chile: Estimaciones por Corte Transversal y por Cohortes," Documentos de Trabajo 349, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
  6. Nohora Y. Forero Ramírez & Manuel Ramírez Gómez, 2008. "Determinantes de los ingresos laborales de los graduados universitarios en Colombia: un análisis a partir de la Herramienta de Seguimiento a Graduados," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA. [Downloadable!]
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