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Rising returns to schooling in Argentina, 1992-2002 : productivity or credentialism?

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  • Savanti, Maria Paula
  • Patrinos, Harry Anthony

Abstract

There has not been much change in the premium to primary education, while the returns to secondary education increased, but by less than the premium to university. The returns to incomplete university also increased significantly. There is a signal that there might be credentialism at the tertiary level, but 15 years of schooling also represents a significant threshold. The returns to schooling are higher in the private sector. There is little evidence of screening or credentialism driving the returns to schooling, which increased significantly in Argentina from 1992 to 2002.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 3714.

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Date of creation: 01 Sep 2005
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Handle: RePEc:wbk:wbrwps:3714

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  1. Marta Sanmartin, 2001. "Linearity of the return to education and self selection," Applied Economics, Taylor & Francis Journals, vol. 33(1), pages 133-142.
  2. G. Reza Arabsheibani & Lamine Manfor, 2001. "Non-Linearities in Returns to Education in Libya," Education Economics, Taylor & Francis Journals, vol. 9(2), pages 139-144.
  3. Psacharopoulos, George, 1979. "On the weak versus the strong version of the screening hypothesis," Economics Letters, Elsevier, vol. 4(2), pages 181-185.
  4. 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.
  5. Ana M. Ferrer & W. Craig Riddell, 2002. "The role of credentials in the Canadian labour market," Canadian Journal of Economics, Canadian Economics Association, vol. 35(4), pages 879-905, November.
  6. Psacharopoulos, George & Patrinos, Harry Anthony, 2002. "Returns to investment in education : a further update," Policy Research Working Paper Series 2881, The World Bank.
  7. 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.
  8. Harry Anthony Patrinos, 1996. "Non-linearities in the returns to education: sheepskin effects or threshold levels of human capital?," Applied Economics Letters, Taylor & Francis Journals, vol. 3(3), pages 171-173.
  9. 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.
  10. Chevalier, Arnaud & Harmon, Colm & Walker, Ian & Zhu, Yu, 2003. "Does Education Raise Productivity or Just Reflect It?," CEPR Discussion Papers 3993, C.E.P.R. Discussion Papers.
  11. John Heywood & Xiangdong Wei, 2004. "Education and Signaling: Evidence from a Highly Competitive Labor Market," Education Economics, Taylor & Francis Journals, vol. 12(1), pages 1-16.
  12. Jhon James Mora, 2003. "Sheepskin effects and screening in Colombia," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Un, vol. 1(1), pages 95-108, December.
  13. Mehta, Aashish & Villarreal, Hector J., 2003. "Returns to Schooling, Institutions and Heterogeneous Diploma Effects: An Expanded Mincerian Framework applied to Mexico," Staff Paper Series 465, University of Wisconsin, Agricultural and Applied Economics.
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Cited by:
  1. Carlos Bozzoli & Climent Quintana-Domeque, 2010. "The Weight of the Crisis: Evidence from Newborns in Argentina," Discussion Papers of DIW Berlin 1054, DIW Berlin, German Institute for Economic Research.
  2. López Bóo, Florencia, 2010. "Returns to Education and Macroeconomic Shocks: Evidence from Argentina," IZA Discussion Papers 4753, Institute for the Study of Labor (IZA).

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