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dc.creatorHarberger,Arnold C
dc.creatorGuillermo-Peón,Sylvia
dc.date2012-05-01
dc.date.accessioned2019-04-25T12:41:57Z
dc.date.available2019-04-25T12:41:57Z
dc.identifierhttps://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332012000100001
dc.identifier.urihttp://revistaschilenas.uchile.cl/handle/2250/61252
dc.descriptionThis 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.
dc.formattext/html
dc.languageen
dc.publisherPontificia Universidad Católica de Chile. Instituto de Economía.
dc.relation10.4067/S0719-04332012000100001
dc.rightsinfo:eu-repo/semantics/openAccess
dc.sourceLatin american journal of economics v.49 n.1 2012
dc.subjectReturns to education
dc.subjectage-earnings profiles
dc.subjectMincer equation
dc.titleESTIMATING PRIVATE RETURNS TO EDUCATION IN MEXICO


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