“Convexification” and “Deconvexification” of the Peruavian Wage Profile: A Tale of Declining Education Quality

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Juan Castro; Gustavo Yamada;
  • Subject: Returns to education, Ability, Education Quality, Perú
    • jel: jel:I24 | jel:J24

"Peruvian average wage profile with respect to schooling is convex. Returns to higher education are around nine percentage points larger than returns to basic education. We explore two possible explanations for this phenomenon: a composition effect driven by differences... View more
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