ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO

This study explores the relationship between education and wages in Mexico. It contributes to our understanding of the structure of wages, helping explain individuals' choices concerning education level. First, we estimate the age-earnings functions for each level of education. Then, taking int...

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Autores principales:	Harberger,Arnold C, Guillermo-Peón,Sylvia
Lenguaje:	English
Publicado:	Pontificia Universidad Católica de Chile. Instituto de Economía. 2012
Materias:	Returns to education age-earnings profiles Mincer equation
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332012000100001
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spelling	oai:scielo:S0719-043320120001000012013-10-15ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICOHarberger,Arnold CGuillermo-Peón,Sylvia Returns to education age-earnings profiles Mincer equation This study explores the relationship between education and wages in Mexico. It contributes to our understanding of the structure of wages, helping explain individuals' choices concerning education level. First, we estimate the age-earnings functions for each level of education. Then, taking into account some important costs of added years of study, we estimate the net present value of investment in human capital in each of four steps up the educational ladder. We estimate the internal rate of return associated with investment in each successive step considering different scenarios, two of which take into account prospective economic growth and mortality.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.49 n.1 20122012-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332012000100001en10.4067/S0719-04332012000100001
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Returns to education age-earnings profiles Mincer equation
spellingShingle	Returns to education age-earnings profiles Mincer equation Harberger,Arnold C Guillermo-Peón,Sylvia ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
description	This study explores the relationship between education and wages in Mexico. It contributes to our understanding of the structure of wages, helping explain individuals' choices concerning education level. First, we estimate the age-earnings functions for each level of education. Then, taking into account some important costs of added years of study, we estimate the net present value of investment in human capital in each of four steps up the educational ladder. We estimate the internal rate of return associated with investment in each successive step considering different scenarios, two of which take into account prospective economic growth and mortality.
author	Harberger,Arnold C Guillermo-Peón,Sylvia
author_facet	Harberger,Arnold C Guillermo-Peón,Sylvia
author_sort	Harberger,Arnold C
title	ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
title_short	ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
title_full	ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
title_fullStr	ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
title_full_unstemmed	ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO
title_sort	estimating private returns to education in mexico
publisher	Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate	2012
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332012000100001
work_keys_str_mv	AT harbergerarnoldc estimatingprivatereturnstoeducationinmexico AT guillermopeonsylvia estimatingprivatereturnstoeducationinmexico
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ESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO

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