Changes in the Returns to Education in Argentina

Journal of Applied Economics, Vol. 11, No. 2, pp. 259-279, November 2008

Posted: 21 Feb 2010

See all articles by Giorgio Di Pietro

Giorgio Di Pietro

University of Westminster; IZA Institute of Labor Economics

Lucas Pedace

Bank of England

Date Written: November 1, 2008

Abstract

In this paper we examine the returns to education in Argentina from 1995 to 2003. We use several econometric techniques in an attempt to account for sample selection bias arising from endogenous labour force participation and to control for the endogeneity of education. The empirical results indicate that the returns to education have fluctuated over time. We provide some evidence suggesting that the relative demand for more educated people is likely to be a key factor in explaining changes in the returns to education.

Keywords: Argentina, returns to education, sample selection, endogeneity

JEL Classification: I21, J31

Suggested Citation

Pietro, Giorgio Di and Pedace, Lucas, Changes in the Returns to Education in Argentina (November 1, 2008). Journal of Applied Economics, Vol. 11, No. 2, pp. 259-279, November 2008, Available at SSRN: https://ssrn.com/abstract=1555841

Giorgio Di Pietro (Contact Author)

University of Westminster ( email )

309 Regent Street
London, W1R 8AL
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Lucas Pedace

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

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