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A Demand-Supply Analysis of the Spanish Education Wage Premium in the 1980s and 1990s

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  • Manuel A. Hidalgo

    () (Department of Economics, Universidad Pablo de Olavide)

Abstract

We estimate the demand for education in Spain, and use the estimated demand curve to analyze whether the evolution of the education wage premium in the 1980s and 1990s can be explained by a demand-supply framework. We find that growth in the demand for education in the 1980s was very similar to growth in the 1990s. Our empirical results show that difference in the evolution of the education wage premium between the two decades can be explained by combining observed changes in labor supply with steady labor demand growth.

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File URL: http://www.upo.es/serv/bib/wps/econ0801.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by Universidad Pablo de Olavide, Department of Economics in its series Working Papers with number 08.01.

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Length: 25 pages
Date of creation: Jan 2008
Date of revision:
Handle: RePEc:pab:wpaper:08.01

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Keywords: wage premium; relative demand; relative supply;

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Cited by:
  1. Manuel Hidalgo Pérez & Walter García-Fontes, 2009. "Estimating Human Capital Externalities:The Case of Spanish Regions," Working Papers 09.17, Universidad Pablo de Olavide, Department of Economics.
  2. Manuel A. Hidalgo Pérez & Jesús Rodríguez López & José María O´Kean Alonso, 2008. "Labor Demand and Information Technologies: Evidence for Spain, 1980-2005," Working Papers 08.12, Universidad Pablo de Olavide, Department of Economics.

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