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Cambios en los retornos de la educación en Bogotá entre 1997 y 2003

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  • Nohora Forero
  • Luis Fernando Gamboa

Abstract

Se estima la tasa de retorno de la educación en Bogotá para 1997 y 2003 por medio de la metodología de Heckman. Se encuentra que los retornos de la educación y de la experiencia potencial son menores en 2003. El ingreso laboral promedio también disminuye.******************************************************************************************************************This document estimates the returns to education in Bogotá in 1997 and 2003 by means of Heckman´s maximum likelihood methodology. We found a reduction in the returns to education and in the impact of experience in Bogotá between these years. Labor income also decreases.

Suggested Citation

  • Nohora Forero & Luis Fernando Gamboa, 2006. "Cambios en los retornos de la educación en Bogotá entre 1997 y 2003," Documentos de Trabajo 002090, Universidad del Rosario.
  • Handle: RePEc:col:000092:002090
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    References listed on IDEAS

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    1. Jhon James Mora, 2003. "Sheepskin effects and screening in Colombia," Colombian Economic Journal, Universidad Nacional de Colombia -FCE - CID, April.
      • Jhon James Mora, 2003. "Sheepskin effects and screening in Colombia," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 1(1), pages 95-108, December.
    2. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4, National Bureau of Economic Research, Inc.
    3. Carlos Felipe Prada, 2006. "¿Es rentable la decisión de estudiar en Colombia?," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 24(51), pages 226-323, June.
    4. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    5. Psacharopoulos, George, 1994. "Returns to investment in education: A global update," World Development, Elsevier, vol. 22(9), pages 1325-1343, September.
    6. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, November.
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    Cited by:

    1. Andr�s Felipe Garc�a-Suaza & Juan Carlos Guataqu� & Jos� Alberto Guerra & Dar�o Maldonado, 2014. "Beyond the Mincer equation: the internal rate of return to higher education in Colombia," Education Economics, Taylor & Francis Journals, vol. 22(3), pages 328-344, June.
    2. Mauricio Quiñones Domínguez & Juan Antonio Rodríguez Sinisterra, 2011. "Rendimiento de la educación en las regiones colombianas: un análisis usando la Descomposición Oaxaca-Blinder," Revista Sociedad y Economía - CIDSE, Universidad del Valle - CIDSE, August.
    3. Iván Bornacelly, 2013. "Educación técnica y tecnológica para la reducción de la desigualdad salarial y la pobreza," Revista Desarrollo y Sociedad, Universidad de los Andes - CEDE, June.

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    More about this item

    Keywords

    Ecuación de Mincer; Retorno de la Educación; Heckman; Teoria del Capital Humano;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy

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