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Sheepskin effects and screening in Colombia

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  • Jhon James Mora

    (Universidad ICESI)

Abstract

This article uses the Hungerford and Solon Test [1987] for calculating the sheepskin effect of returns from education in the Colombian labour market in 2000. It was found that secondary school graduates enjoyed 13% returns whilst a university degree led to 17% returns. The Hungerford and Solon Test [1987], applied to a quantile regression, found returns ranging from 7% to 17% for secondary school graduates (across the entire income range) whilst a university degree produced returns between 17% and 27%

Suggested Citation

  • 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.
    • Handle: RePEc:cej:primer:v:1:y:2003:i:1:p:95-108
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    File URL: http://www.fce.unal.edu.co/cej/number1/4-Mora.pdf
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    Cited by:

    1. David Bardey & Nohora Forero Ramírez, 2008. "Teorías y algunas experiencias internacionales en el financiamiento de la educación superior: lecciones para Colombia," Documentos de Trabajo 4692, Universidad del Rosario.
    2. Nohora Y. Forero Ramírez & Manuel Ramírez Gómez, 2008. "Determinantes de los ingresos laborales de los graduados universitarios en Colombia: un análisis a partir de la Herramienta de Seguimiento a Graduados," Revista de Economía del Rosario, Universidad del Rosario, June.
    3. Christian Manuel Posso, 2010. "Desigualdad salarial en Colombia 1984-2005: cambios en la composición del mercado laboral y retornos a la educación post-secundaria," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, December.
    4. Savanti, Maria Paula & Patrinos, Harry Anthony, 2005. "Rising returns to schooling in Argentina, 1992-2002 : productivity or credentialism?," Policy Research Working Paper Series 3714, The World Bank.
    5. Harry Anthony Patrinos & Maria Paula Savanti, 2014. "The Screening Hypothesis and the Returns to Schooling in Argentina," Research in Applied Economics, Macrothink Institute, vol. 6(3), pages 28-42, September.
    6. Jhon James Mora & Juan Muro, 2012. "Persistence of informality in a developing country," Borradores de Economía y Finanzas 9593, Universidad Icesi.
    7. Zhimin Liu & Aftab Ahmed Memon & Woubshet Negussie & Haile Ketema, 2020. "Interpreting the Sustainable Development of Human Capital and the Sheepskin Effects in Returns to Higher Education: Empirical Evidence from Pakistan," Sustainability, MDPI, vol. 12(6), pages 1-16, March.
    8. Gustavo Yamada, 2007. "Retornos a la educación superior en el mercado laboral: ¿vale la pena el esfuerzo?," Diagnóstico y propuesta, Consorcio de Investigación Económica y Social.
    9. Claudio Sapelli., 2009. "Los Retornos a la Educación en Chile: Estimaciones por Corte Transversal y por Cohortes," Documentos de Trabajo 349, Instituto de Economia. Pontificia Universidad Católica de Chile..
    10. Mora Rodríguez, Jhon James & Muro, Juan, 2015. "On the size of sheepskin effects: A meta-analysis," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-18.
    11. Stefano Farne & Carlos Andrés Vergara, 2008. "Los profesionales colombianos en el siglo XXI ¿Más estudian, más ganan?," OBS. MERCADO DE TRABAJO Y SEGURIDAD SOCIAL 005268, UNIVERSIDAD EXTERNADO DE COLOMBIA.
    12. Nohora Yulieth Forero Ramírez & Luis Fernando Gamboa Niño, 2007. "Cambios en los retornos de la educación en Bogotá entre 1997 y 2003," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 66, pages 225-250, Enero-Jun.
    13. O’Mahony, Mary & Pastor, José Manuel & Peng, Fei & Serrano, Lorenzo & Hernández, Laura, 2012. "Output growth in the post‐compulsory education sector: the European experience," MPRA Paper 44016, University Library of Munich, Germany.
    14. José Joaquín Brunner, 2013. "The Rationale for Higher Education Investment in Ibero-America," OECD Development Centre Working Papers 319, OECD Publishing.
    15. Cristian Dario Castillo Robayo & Julimar Da Silva Bichara & Manuel Pérez-Trujillo, 2017. "Retornos salariales para Colombia, un análisis cuantílico," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 36(63), pages 211-246, January.
    16. Fabiola Saavedra & Mónica Ospina, 2014. "Decisions about Postsecondary Education, their returns in Colombia," Documentos de Trabajo de Valor Público 12542, Universidad EAFIT.
    17. Cecilia Albert Verdú & Carlos Giovanni González Espitia & Jhon James Mora Rodríguez, 2013. "Determinantes de la demanda de educación universitaria en Colombia, 1980-2010," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 15(29), pages 169-194, July-Dece.
    18. Hernández, Gustavo Adolfo, 2011. "¿Cuán rentable es la educación superior en Colombia?," Revista Lecturas de Economía, Universidad de Antioquia, CIE, February.
    19. Jhon James Mora & Juan Muro, 2017. "Dynamic Effects of the Minimum Wage on Informality in Colombia," LABOUR, CEIS, vol. 31(1), pages 59-72, March.
    20. Olfindo, Rosechin, 2018. "Diploma as signal? Estimating sheepskin effects in the Philippines," International Journal of Educational Development, Elsevier, vol. 60(C), pages 113-119.
    21. Lin Xiu & Morley Gunderson, 2013. "Credential Effects and the Returns to Education in China," LABOUR, CEIS, vol. 27(2), pages 225-248, June.

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    More about this item

    Keywords

    screening; sheepskin effect; quantile regressions;
    All these keywords.

    JEL classification:

    • C29 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Other
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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