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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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    References listed on IDEAS

    as
    1. Alejandro Hoyos & Ximena Peña & Hugo R. Ñopo, 2010. "The Persistent Gender Earnings Gap in Colombia, 1994-2006," IDB Publications (Working Papers) 1802, Inter-American Development Bank.
    2. Machin, Stephen & Puhani, Patrick A., 2003. "Subject of degree and the gender wage differential: evidence from the UK and Germany," Economics Letters, Elsevier, vol. 79(3), pages 393-400, June.
    3. Luis Eduardo Arango & Nataly Obando & Carlos Esteban Posada, 2010. "Sensibilidad de los salarios al desempleo regional en Colombia: nuevas estimaciones de la curva de salarios," BORRADORES DE ECONOMIA 006829, BANCO DE LA REPÚBLICA.
    4. Luis Eduardo Arango & Monica Alexandra Gómez & Carlos Esteban Posada, 2009. "La demanda de trabajo formal en Colombia: determinantes e implicaciones de política," Borradores de Economia 563, Banco de la Republica de Colombia.
    5. Linda Datcher Loury, 1997. "The Gender Earnings Gap among College-Educated Workers," ILR Review, Cornell University, ILR School, vol. 50(4), pages 580-593, July.
    6. Luis Eduardo Arango & Carlos Esteban Posada, 2001. "El Desempleo en Colombia," Borradores de Economia 176, Banco de la Republica de Colombia.
    7. Light, Audrey & Ureta, Manuelita, 1995. "Early-Career Work Experience and Gender Wage Differentials," Journal of Labor Economics, University of Chicago Press, vol. 13(1), pages 121-154, January.
    8. Ana María Iregui & Ligia Melo B. & Jorge Ramos F., 2006. "Evaluación Y Análisis De Eficiencia De La Educación En Colombia," BORRADORES DE ECONOMIA 002645, BANCO DE LA REPÚBLICA.
    9. Marianne Bertrand & Claudia Goldin & Lawrence F. Katz, 2010. "Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors," American Economic Journal: Applied Economics, American Economic Association, vol. 2(3), pages 228-255, July.
    10. Ana María Iregui & Ligia Melo & Jorge Ramos, 2007. "Análisis de eficiencia de la educación en Colombia," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO, May.
    11. Loprest, Pamela J, 1992. "Gender Differences in Wage Growth and Job Mobility," American Economic Review, American Economic Association, vol. 82(2), pages 526-532, May.
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    More about this item

    Keywords

    wages; graduates; labor market; area of knowledge;

    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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