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Imagining Education: Educational Policy and the Labor Earnings Distribution

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  • Diego Amador

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Abstract

This paper simulates, within a partial equilibrium framework, the scenarios resulting form the implementation of several educational policies. Then, policies are compared according to their hypothetical results in terms of labor earnings inequality, as measured by the Gini coefficient. Results suggest that educational policies which attempt to guarantee medium qualification produce the lowest inequality even if dispersion in schooling years is high. Policies which attempt to raise tertiary education coverage but do not raise high school coverage as well, lead to rising inequality.

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File URL: http://economia.uniandes.edu.co/publicaciones/dcede2008-22.pdf
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Bibliographic Info

Paper provided by UNIVERSIDAD DE LOS ANDES-CEDE in its series DOCUMENTOS CEDE with number 005147.

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Length: 24
Date of creation: 16 Oct 2008
Date of revision:
Handle: RePEc:col:000089:005147

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Keywords: Educational policy; economic inequality; schooling;

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  1. James J. Heckman & Lance J. Lochner & Petra E. Todd, 2005. "Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond," NBER Working Papers 11544, National Bureau of Economic Research, Inc.
  2. Diego Amador, 2008. "Imagining Education: Educational Policy and the Labor Earnings Distribution," DOCUMENTOS CEDE 005147, UNIVERSIDAD DE LOS ANDES-CEDE.
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Cited by:
  1. Diego Amador, 2009. "Imagining Education: Educational Policy and the Labor Earnings Distribution," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE.
  2. Mauricio García Villegas & Laura Quiroz López, 2011. "Apartheid educativo. Educación, desigualdad e inmovilidad social en Bogotá," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(25), pages 137-162, July-Dece.

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