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First job experiences of Colombian college graduates: probability of formal employment and wages

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  • Juan Barón

Abstract

This paper uses unique information on the 2007 cohort of college graduates from all higher education institutions in Colombia to analyze: i) the probability of finding a job in the formal sector, and ii) the wages of those who find such a job. The findings suggest that there are sizeable differences in the probability of finding a formal job by area of knowledge and region, which can be as large as twenty percentage points. There are, however, no differences by university type and sex in the probability of finding a formal job. In addition, there exist regional and area-of-knowledge differentials in wages, as well as wage differences by gender and by type of university.

Suggested Citation

  • Juan Barón, 2012. "First job experiences of Colombian college graduates: probability of formal employment and wages," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 76, pages 55-86.
  • Handle: RePEc:lde:journl:y:2012:i:76:p:55-86
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    More about this item

    Keywords

    wages; graduates; labor market; area of knowledge;
    All these keywords.

    JEL classification:

    • 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
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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