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Diplomas and educational mismatch in Cali using classified advertisements

Author

Listed:
  • Jhon-James Mora

    () (Universidad Icesi)

  • Andres Cendales

    () (Universidad Católica de Colombia)

  • Carolina Caicedo

    () (Universidad Autónoma de Occidente)

Abstract

This article analyzes the educational mismatch in the city of Cali, Colombia, using the evolution of diploma requirements reported in the classified advertisements published in El País, the city’s main newspaper, as basis. We built a time series differentiating between those classified ads requiring a diploma to get the job and those that do not. The tests show that the series has a unit root, so a decomposition analysis to estimate its permanent and transitory component is performed. Our results suggest that the labor market in Cali is quite credentialist, as diplomas are required regularly for access to a vacancy. This situation affects the labor market match and delves into educational mismatches because firms prefer the credentials of Cali workers.

Suggested Citation

  • Jhon-James Mora & Andres Cendales & Carolina Caicedo, 2017. "Diplomas and educational mismatch in Cali using classified advertisements," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 86, pages 179-198, Enero - J.
  • Handle: RePEc:lde:journl:y:2017:i:86:p:179-198
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    File URL: http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/327070
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    References listed on IDEAS

    as
    1. Jhon James Mora Rodríguez & Carolina Caicedo Marulanda & Carlos Giovanni González Espitia, 2015. "La Duración del Desempleo de los Jóvenes y los “ninis” en Cali," ICESI ECONOMICS WORKING PAPERS 014565, UNIVERSIDAD ICESI.
    2. Mora Rodríguez, Jhon James & Muro, Juan, 2015. "On the size of sheepskin effects: A meta-analysis," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 9, pages 1-18.
    3. David A. Pierce, 1978. "Seasonal Adjustment When Both Deterministic and Stochastic Seasonality Are Present," NBER Chapters,in: Seasonal Analysis of Economic Time Series, pages 242-280 National Bureau of Economic Research, Inc.
    4. Maribel Castillo Caicedo, 2007. "Desajuste Educativo Por Regiones En Colombia: ¿Competencia Por Salarios O Por Puestos De Trabajo?," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID, June.
    5. Lisset Pérez Marulanda & John James Mora Rodríguez, 2016. "La Calidad del Empleo en la Población Afrodescendiente Colombiana: Una Aproximacion desde la Ubicacion Geografica de las Comunas," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO, vol. 17(2), pages 315-347, February.
    6. Jhon James Mora & Juan Muro, 2008. "Sheepskin effects by cohorts in Colombia," International Journal of Manpower, Emerald Group Publishing, vol. 29(2), pages 111-121, May.
    7. Luis Eduardo Arango, 2013. "Puestos de trabajo vacantes según anuncios de la prensa escrita de las siete principales ciudades de Colombia," Borradores de Economia 793, Banco de la Republica de Colombia.
    8. Theodore W. Schultz, 1960. "Capital Formation by Education," Journal of Political Economy, University of Chicago Press, vol. 68, pages 571-571.
    9. Beveridge, Stephen & Nelson, Charles R., 1981. "A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the `business cycle'," Journal of Monetary Economics, Elsevier, vol. 7(2), pages 151-174.
    10. Jhon James Mora, 2008. "Sobre-educación en el mercado laboral colombiano," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(19), pages 293-309, July-Dece.
    11. David A. Pierce, 1978. "Seasonal adjustment when both deterministic and stochastic seasonality are present," Special Studies Papers 107, Board of Governors of the Federal Reserve System (U.S.).
    12. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    13. Abraham, Katharine G, 1983. "Structural-Frictional vs. Deficient Demand Unemployment: Some New Evidence," American Economic Review, American Economic Association, vol. 73(4), pages 708-724, September.
    14. Natalia González & Juan Carlos Gómez & Jhon James Mora & Blanca Zuluaga, 2004. "Las ganancias de señalizar en el mercado laboral en Cali," ESTUDIOS GERENCIALES, UNIVERSIDAD ICESI, September.
    15. Psacharopoulos, George, 1979. "On the weak versus the strong version of the screening hypothesis," Economics Letters, Elsevier, vol. 4(2), pages 181-185.
    16. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, Oxford University Press, vol. 87(3), pages 355-374.
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    More about this item

    Keywords

    diplomas; credentialism; classified advertisements; vacancies; unit root; Beveridge-Nelson decomposition.;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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