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Las ganancias de tener un título: una aplicación al mercado laboral de Cali, 2000

Author

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  • Jhon James Mora Rodríguez

    (Departamento de Economía.Universidad Icesi)

Abstract

This article calculates the sheepskin effect on wages in Cali’s labor market, where additional profitability on wages when possessing a high school degree is 25 percent and 12 percent for March and September of 2000, and 45 percent and 37 percent for the same months, respectively, when possessing a university degree. The analysis of the diploma effect extends to the regression for income intervals since this approach is in agreement with the signaling and screening theory. The results obtained from the regression on income quantiles show that signaling and screening on the university degree is a phenomenon that presents itself with higher intensity in Cali’s labor market, probably due to the heterogeneity in the quality of the university degrees.

Suggested Citation

  • Jhon James Mora Rodríguez, 2003. "Las ganancias de tener un título: una aplicación al mercado laboral de Cali, 2000," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 59, pages 59-72, Julio-Dic.
  • Handle: RePEc:lde:journl:y:2003:i:59:p:55-72
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    File URL: https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/322
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    Citations

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    Cited by:

    1. Jhon James Mora & Juan Muro, 2012. "Persistence of informality in a developing country," Borradores de Economía y Finanzas 9593, Universidad Icesi.
    2. Dustin T. G. RODRIGUEZ, 2016. "Returns to Education of Colombian Economists: Analysis from the Theory of Human Capital (2009-2013)," Journal of Economic and Social Thought, KSP Journals, vol. 3(1), pages 139-149, March.
    3. 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.

    More about this item

    Keywords

    education; signaling; human capital; asymmetric and private information;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J7 - Labor and Demographic Economics - - Labor Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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