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Rendimientos de la educación superior en el mercado laboral. El caso de Perú


  • Yamada, Gustavo

    (Universidad del Pacífico, Lima)


Peru has experienced during the last decades a significant increase in its educational coverage at all levels, including higher education. However, currently high unemployment and underemployment rates cast doubt about the profitability of the investments in education undertaken. This paper estimates the evolution of the returns to education in the last two decades in Peru, and finds mixed evidence on the profitability of higher education in the Peruvian labor market. Due to the convexification of returns, university education shows average private and social rates of returns estimated between 12 to 15%. On the contrary, non university higher education shows on average rather low private and social rates of return, even close to zero. Therefore, a deep evaluation on the effectiveness and relevance of that education level seems warranted.// Perú ha experimentado en los decenios recientes un significativo incremento en su cobertura de educación, en general, y de la educación superior, en particular. Sin embargo, las altas tasas de desempleo y subempleo existentes siembran dudas acerca del rendimiento de las inversiones en educación realizadas. Este artículo estima la evolución de los rendimientos de la educación en los pasados dos decenios en Perú y encuentra pruebas mixtas acerca de la rentabilidad de la educación superior en el mercado laboral peruano. Gracias a la convexificación de los rendimientos, la educación universitaria ofrece actualmente tasas promedio de rendimiento privado y social en términos reales estimadas entre 12 y 15%. Por lo contrario, la educación superior no universitaria otorga tasas de rendimiento privado y social en promedio poco atractivas, y hasta cercanas a 0, por lo que parece justificada una profunda evaluación de la efectividad y pertinencia de este estrato educativo.

Suggested Citation

  • Yamada, Gustavo, 2009. "Rendimientos de la educación superior en el mercado laboral. El caso de Perú," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(302), pages 485-511, abril-jun.
  • Handle: RePEc:elt:journl:v:76:y:2009:i:302:p:485-511

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    Cited by:

    1. Juan F. Castro & Gustavo Yamada, 2012. "“Convexification” and “deconvexification” of the peruvian wage profile: a tale of declining education quality," Working Papers 12-02, Centro de Investigación, Universidad del Pacífico.

    More about this item


    Rendimientos de la educación; educación superior; mercado de trabajo; Perú;

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration


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