Sheepskin Effects and the Relationship Between Earnings and Education: Analyzing the Evolution Over Time in Brazil
AbstractThis paper seeks to analyze trends in sheepskin effects and earnings-education relationship on the Brazilian labor market from 1982 to 2004. Using data from the Brazilian National Household Sample Survey (Pnad) are estimated earnings equations including linear years of schooling, and splines and discontinuous functions for completed degrees, as well as semi-parametric regressions. Empirical evidence reports a reduction in the sheepskin effects from 1982 to 2004, indicating that a diploma or degree completion in Brazil has been loosing its value over time. At the same time, the relationship between log earnings and education has become more convex. Similar trends are verified when the analysis is carried out separately by region.
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Bibliographic InfoPaper provided by Instituto de Pesquisa Econômica Aplicada - IPEA in its series Discussion Papers with number 1272.
Length: 32 pages
Date of creation: Apr 2007
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- Anna Risi Vianna Crespo & Mauricio Cortez Reis, 2009. "Sheepskin Effects and the Relationship between Earnings and Education: Analyzing the Evolution over Time in Brazil," Revista Brasileira de Economia, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 63(3), pages 209-231, August.
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- JosÃ© JoaquÃn Brunner, 2013. "The Rationale for Higher Education Investment in Ibero-America," OECD Development Centre Working Papers 319, OECD Publishing.
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