Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259449 
Year of Publication: 
2019
Citation: 
[Journal:] Latin American Economic Review [ISSN:] 2196-436X [Volume:] 28 [Issue:] 1 [Article No.:] 18 [Publisher:] Springer [Place:] Heidelberg [Year:] 2019 [Pages:] 1-20
Publisher: 
Springer, Heidelberg
Abstract: 
This paper documents the evolution of wage differentials and the supply of workers by educational level for sixteen Latin American countries over the period 1991-2013. We find a pattern of rather constant rise in the relative supply of skilled and semi-skilled workers over the period. Whereas the returns to secondary education fell over time, in contrast, the returns to tertiary education display a remarkable changing pattern common to almost all economies: significant increase in the 1990s, strong fall in the 2000s, and a deceleration of that fall in the 2010s. We conclude that supply-side factors seem to have limited explanatory power relative to demand-side factors in accounting for changes in the wage gap between workers with tertiary education and the rest.
Subjects: 
Returns to skills
Latin America
Inequality
Education
JEL: 
J01
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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