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Changes in the returns to education in Argentina

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Abstract

In this paper we examine the returns to education in Argentina from 1995 to 2003. We use several econometric techniques in an attempt to account for sample selection bias arising from endogenous labour force participation and to control for the endogeneity of education. The empirical results indicate that the returns to education have fluctuated over time. We provide some evidence suggesting that the relative demand for more educated people is likely to be a key factor in explaining changes in the returns to education.

Suggested Citation

  • Giorgio Di Pietro & Lucas Pedace, 2008. "Changes in the returns to education in Argentina," Journal of Applied Economics, Universidad del CEMA, vol. 11, pages 259-279, November.
  • Handle: RePEc:cem:jaecon:v:11:y:2008:n:2:p:259-279
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    File URL: https://ucema.edu.ar/publicaciones/download/volume11/dipietro.pdf
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    Cited by:

    1. Rosenzweig, Mark & Udry, Christopher, 2016. "External Validity in a Stochastic World," Center Discussion Papers 242440, Yale University, Economic Growth Center.
    2. Tom Coupe & Hanna Vakhitova, 2011. "Recent Dynamics of Returns to Education in Transition Countries," Discussion Papers 39, Kyiv School of Economics.
    3. Wenshu Gao & Russell Smyth, 2012. "Returns to Schooling in Urban China, 2001-2010: Evidence from Three Waves of the China Urban Labor Survey," Monash Economics Working Papers 50-12, Monash University, Department of Economics.

    More about this item

    Keywords

    Argentina; returns to education; sample selection; endogeneity;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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