IDEAS home Printed from https://ideas.repec.org/a/col/000107/003806.html
   My bibliography  Save this article

¿Es rentable la decisión de estudiar en Colombia?

Author

Listed:
  • Carlos Felipe Prada

Abstract

En este artículo se estudia la dinámica de los retornos de la educación en Colombia entre 1985 y 2000. La metodología econométrica incluye una ecuación de salarios con splines lineales y regresiones por percentiles (RP). Se muestra que los retornos varían a través de diferentes niveles de escolaridad; así, los retornos son altos con educación universitaria; también, como se esperaba, con educación postuniversitaria se tienen retornos altos en algunos anos de la muestra. La evidencia proporcionada por RP muestra un comportamiento cíclico del salario real; además, esta metodología también muestra una distribución condicional heterogénea del salario.

Suggested Citation

  • Carlos Felipe Prada, 2006. "¿Es rentable la decisión de estudiar en Colombia?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 24(51), pages 226-323, June.
    • Handle: RePEc:col:000107:003806
    DOI: 10.32468/Espe.5105
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/Espe.5105
    Download Restriction: no
    File URL: https://libkey.io/10.32468/Espe.5105?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Kremer, Michael & Chen, Daniel L, 2002. "Income Distribution Dynamics with Endogenous Fertility," Journal of Economic Growth, Springer, vol. 7(3), pages 227-258, September.
    2. Francois Bourguignon & Francisco H.G. Ferreira & Nora Lustig, 2005. "The Microeconomics of Income Distribution Dynamics in East Asia and Latin America," World Bank Publications - Books, The World Bank Group, number 14844.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eduardo Borensztein & Eduardo Cavallo & Patricio Valenzuela, 2009. "Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 12(2), pages 273-294, September.
    2. Marcela Meléndez Arjona & Arturo Harker Roa, 2008. "Revisiting economic growth in Colombia. A microeconomic perspective," Working Papers Series. Documentos de Trabajo 9137, Fedesarrollo.
    3. 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.
    4. 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.
    5. Guataqui, Juan Carlos & García Suaza, Andrés Felipe & Rodríguez, Mauricio, 2009. "Estimaciones de los determinantes de los ingresos laborales en Colombia con consideraciones diferenciales para asalariados y cuenta propia," Documentos de Trabajo 5756, Universidad del Rosario.
    6. 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.
    7. 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.
    8. 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.
    9. Luis E. Arango & Luz A. Flórez & María A. Olarte-Delgado, 2019. "Precio del carbón y dinámica laboral en Valledupar," Revista de Economía del Rosario, Universidad del Rosario, vol. 22(2), pages 313-370, December.
    10. Andrés Fernando Jola S., 2011. "Determinantes de la calidad de la educación media en Colombia: un análisis de los resultados PISA 2006 y del plan sectorial "Revolución Educativa"," Coyuntura Económica, Fedesarrollo, June.
    11. 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.
    12. Vargas-Riaño, Carmiña Ofelia, 2012. "Cambio tecnológico y desigualdad de salarios : Colombia, 1984-2010," Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 5, pages 211-251, Banco de la Republica de Colombia.
    13. Mora, Jhon James & Muro, Juan, 2014. "Consistent estimation in pseudo panels in the presence of selection bias," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-25.
    14. Beatriz Vargas Urrutia, 2013. "Retornos a la educación y migración rural-urbana en Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, December.
    15. Marcela Meléndez Arjona & Arturo Harker Roa, 2008. "Revisiting economic growth in Colombia. A microeconomic perspective," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 009137, FEDESARROLLO.
    16. Felipe Lozano R., 2009. "Evaluating An Alternative To Finance Higher Education: Human Capital Contracts In Colombia," Revista de Economía del Rosario, Universidad del Rosario, November.
    17. Hernández, Gustavo Adolfo, 2011. "¿Cuán rentable es la educación superior en Colombia?," Revista Lecturas de Economía, Universidad de Antioquia, CIE, February.
    18. Mauricio Quinones 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, Universidad del Valle, CIDSE, August.
    19. Nohora Y. Forero Ramírez & Manuel Ramírez Gómez, 2008. "Determinantes de los ingresos laborales de los graduados universitarios durante el período 2001-2004," Documentos de Trabajo 4591, Universidad del Rosario.
    20. Carmiña O. Vargas, 2011. "Desigualdad de salarios en Colombia: evidencia a partir de encuestas de hogares 1984 -2010," Borradores de Economia 661, Banco de la Republica de Colombia.
    21. Felipe Andrés Lozano-Rojas, 2012. "Human Capital Contracts in Chile: An Exercise Based on Income Data on chilean HE Graduates," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 49(2), pages 185-215, November.
    22. 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,Facultad de Economía, CEDE, June.
    23. Paula María Almonacid Hurtado & Armando Lenin Támara Ayús & María Patricia Valero Obando & Javier Mauricio Vega Aponte, 2013. "Determinantes de los ingresos laborales de los contadores públicos de la Universidad EAFIT, Colombia," Revista Lebret, Universidad Santo Tomás - Bucaramanga, vol. 5, pages 357-375, December.
    24. Catherine Rodríguez & Edgar Villa, 2010. "Kidnaps and Migration: Evidence from Colombia," Documentos CEDE 6933, Universidad de los Andes, Facultad de Economía, CEDE.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sangheon Lee & Megan Gerecke, 2015. "Economic development and inequality: revisiting the Kuznets curve," Chapters, in: Janine Berg (ed.), Labour Markets, Institutions and Inequality, chapter 2, pages 39-64, Edward Elgar Publishing.
    2. repec:bdr:ensayo:v::y:2006:i:51:p:226-323 is not listed on IDEAS
    3. Matthias Doepke & Fabrizio Zilibotti, 2005. "The Macroeconomics of Child Labor Regulation," American Economic Review, American Economic Association, vol. 95(5), pages 1492-1524, December.
    4. Gelaw, Fekadu, 2009. "The Relationship Between Poverty, Inequality, and Growth in the Rural Ethiopia: Micro Evidence," 2009 Conference, August 16-22, 2009, Beijing, China 51915, International Association of Agricultural Economists.
    5. Francisco H G Ferreira & Sergio P Firpo & Julián Messina, 2022. "Labor Market Experience and Falling Earnings Inequality in Brazil: 1995–2012," The World Bank Economic Review, World Bank, vol. 36(1), pages 37-67.
    6. Dessy, Sylvain Éloi, 2002. "A Theory of the Emergence of Compulsory Education Laws," Cahiers de recherche 0209, Université Laval - Département d'économique.
    7. Schäfer, Andreas, 2014. "Technological change, population dynamics, and natural resource depletion," Mathematical Social Sciences, Elsevier, vol. 71(C), pages 122-136.
    8. Matthias Doepke, 2004. "Accounting for Fertility Decline During the Transition to Growth," Journal of Economic Growth, Springer, vol. 9(3), pages 347-383, September.
    9. Maria Winkler-Dworak, 2003. "Food Security, Fertility Differentials and Land Degradation in Sub-Saharan Africa: A Dynamic Framework," VID Working Papers 0301, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
    10. Veloso, Fernando A., 2003. "A Competitive Growth Model with Endogenous Fertility," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 23(1), May.
    11. repec:pri:rpdevs:vogl_family_size is not listed on IDEAS
    12. John Ariza & Gabriel Montes-Rojas, 2019. "Decomposition methods for analyzing inequality changes in Latin America 2002–2014," Empirical Economics, Springer, vol. 57(6), pages 2043-2078, December.
    13. Kremer, Michael & Chen, Daniel L, 2002. "Income Distribution Dynamics with Endogenous Fertility," Journal of Economic Growth, Springer, vol. 7(3), pages 227-258, September.
    14. Jessica Bracco, Leonardo Gasparini, Leopoldo Tornarolli, 2019. "Explorando los cambios de la pobreza en Argentina: 2003-2015," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 65, pages 69-124, January-D.
    15. Isaac Ehrlich & Jinyoung Kim, 2007. "The Evolution of Income and Fertility Inequalities over the Course of Economic Development: A Human Capital Perspective," Journal of Human Capital, University of Chicago Press, vol. 1(1), pages 137-174.
    16. Schäfer, Andreas, 2002. "Endogenous Growth with Endogenous Fertility and Social Discrimination in Education," Thuenen-Series of Applied Economic Theory 35, University of Rostock, Institute of Economics.
    17. C. Simon Fan & Oded Stark, 2008. "Looking At The "Population Problem" Through The Prism Of Heterogeneity: Welfare And Policy Analyses," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(3), pages 799-835, August.
    18. Luis Ayala & Javier Mart n-Rom n & Juan Vicente, 2023. "What Contributes to Rising Inequality in Large Cities?," LIS Working papers 850, LIS Cross-National Data Center in Luxembourg.
    19. Ager, Philipp & Brueckner, Markus & Herz, Benedikt, 2017. "Structural Change and the Fertility Transition in the American South," Discussion Papers on Economics 6/2017, University of Southern Denmark, Department of Economics.
    20. Murray Leibbrandt & James Levinsohn & Justin McCrary, 2005. "Incomes in South Africa Since the Fall of Apartheid," NBER Working Papers 11384, National Bureau of Economic Research, Inc.
    21. Ferreira,Francisco H. G. & Firpo,Sergio P. & Messina,Julian, 2017. "Ageing poorly? : accounting for the decline in earnings inequality in Brazil, 1995-2012," Policy Research Working Paper Series 8018, The World Bank.
    22. Ceriani,Lidia & Inchauste Comboni,Maria Gabriela & Olivieri,Sergio Daniel, 2015. "Understanding poverty reduction in Sri Lanka : evidence from 2002 to 2012/13," Policy Research Working Paper Series 7446, The World Bank.

    More about this item

    Keywords

    Retornos de la educación; regresión por percentiles; splineslineales;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000107:003806. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Espe (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.