Wage Returns to Colombia: a Quantile Analysis

This article examines the wage returns of young people and adults, considering the effect of education and experience. It is taken into account, especially, the point of view of human capital theory and its criticisms, to evaluate the relationship between education, experience and salary. The empiri...

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Tipo de recurso:
http://purl.org/coar/resource_type/c_7043
Fecha de publicación:
2017
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
spa
OAI Identifier:
oai:repositorio.uptc.edu.co:001/11968
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/5830
https://repositorio.uptc.edu.co/handle/001/11968
Palabra clave:
wage return
human capital
quantile regression
education
experience
retorno salarial
capital humano
regresión cuantilica
educación
experiencia.
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License
Copyright (c) 2017 Cristian Dario Castillo Robayo, Julimar Da Silva Bichara, Manuel Pérez Trujillo
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oai_identifier_str oai:repositorio.uptc.edu.co:001/11968
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spelling 2017-02-102024-07-05T18:44:38Z2024-07-05T18:44:38Zhttps://revistas.uptc.edu.co/index.php/cenes/article/view/583010.19053/01203053.v36.n63.2017.5830https://repositorio.uptc.edu.co/handle/001/11968This article examines the wage returns of young people and adults, considering the effect of education and experience. It is taken into account, especially, the point of view of human capital theory and its criticisms, to evaluate the relationship between education, experience and salary. The empirical analysis is based on the Mincer model, but through quantile regressions, to determine by 10 quantiles in each group as wage returns are given. It is verified that for young people there is greater impact of acquire experience than education on the wage returns, which affects labor insertion and obtaining higher income.Este artículo analiza los retornos salariales de los jóvenes y adultos, comparando la influencia de la educación y la experiencia. Se examina principalmente la teoría del capital humano y las críticas a esta, a través del estudio de la relación entre educación, experiencia y salarios. El análisis empírico se base en el modelo de Mincer, pero mediante las regresiones cuantílicas, para determinar, por 10 cuantiles en cada grupo, cómo se dan los retornos salariales. Se comprueba que para los jóvenes hay mayor impacto de adquirir experiencia que la educación sobre los retornos salariales, lo que afecta la inserción laboral y el obtener mayores ingresos laborales.application/pdfapplication/xmlspaspaUniversidad Pedagógica y Tecnológica de Colombiahttps://revistas.uptc.edu.co/index.php/cenes/article/view/5830/4739https://revistas.uptc.edu.co/index.php/cenes/article/view/5830/6671Copyright (c) 2017 Cristian Dario Castillo Robayo, Julimar Da Silva Bichara, Manuel Pérez Trujillohttp://creativecommons.org/licenses/by-nc-sa/4.0http://purl.org/coar/access_right/c_abf544http://purl.org/coar/access_right/c_abf2Apuntes del Cenes; Vol. 36 No. 63 (2017); 211-246Apuntes del Cenes; Vol. 36 Núm. 63 (2017); 211-2462256-57790120-3053wage returnhuman capitalquantile regressioneducationexperienceretorno salarialcapital humanoregresión cuantilicaeducaciónexperiencia.Wage Returns to Colombia: a Quantile AnalysisRetornos salariales para Colombia, un análisis cuantílicoinfo:eu-repo/semantics/articlePeer reviewed Articlehttp://purl.org/coar/resource_type/c_7043http://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a627http://purl.org/coar/version/c_970fb48d4fbd8a85Castillo Robayo, Cristian DarioDa Silva Bichara, JulimarPérez Trujillo, Manuel001/11968oai:repositorio.uptc.edu.co:001/119682025-07-18 12:13:57.898metadata.onlyhttps://repositorio.uptc.edu.coRepositorio Institucional UPTCrepositorio.uptc@uptc.edu.co
dc.title.en-US.fl_str_mv Wage Returns to Colombia: a Quantile Analysis
dc.title.es-ES.fl_str_mv Retornos salariales para Colombia, un análisis cuantílico
title Wage Returns to Colombia: a Quantile Analysis
spellingShingle Wage Returns to Colombia: a Quantile Analysis
wage return
human capital
quantile regression
education
experience
retorno salarial
capital humano
regresión cuantilica
educación
experiencia.
title_short Wage Returns to Colombia: a Quantile Analysis
title_full Wage Returns to Colombia: a Quantile Analysis
title_fullStr Wage Returns to Colombia: a Quantile Analysis
title_full_unstemmed Wage Returns to Colombia: a Quantile Analysis
title_sort Wage Returns to Colombia: a Quantile Analysis
dc.subject.en-US.fl_str_mv wage return
human capital
quantile regression
education
experience
topic wage return
human capital
quantile regression
education
experience
retorno salarial
capital humano
regresión cuantilica
educación
experiencia.
dc.subject.es-ES.fl_str_mv retorno salarial
capital humano
regresión cuantilica
educación
experiencia.
description This article examines the wage returns of young people and adults, considering the effect of education and experience. It is taken into account, especially, the point of view of human capital theory and its criticisms, to evaluate the relationship between education, experience and salary. The empirical analysis is based on the Mincer model, but through quantile regressions, to determine by 10 quantiles in each group as wage returns are given. It is verified that for young people there is greater impact of acquire experience than education on the wage returns, which affects labor insertion and obtaining higher income.
publishDate 2017
dc.date.accessioned.none.fl_str_mv 2024-07-05T18:44:38Z
dc.date.available.none.fl_str_mv 2024-07-05T18:44:38Z
dc.date.none.fl_str_mv 2017-02-10
dc.type.none.fl_str_mv info:eu-repo/semantics/article
dc.type.en-US.fl_str_mv Peer reviewed Article
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_7043
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.coarversion.spa.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a627
format http://purl.org/coar/resource_type/c_7043
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.uptc.edu.co/index.php/cenes/article/view/5830
10.19053/01203053.v36.n63.2017.5830
dc.identifier.uri.none.fl_str_mv https://repositorio.uptc.edu.co/handle/001/11968
url https://revistas.uptc.edu.co/index.php/cenes/article/view/5830
https://repositorio.uptc.edu.co/handle/001/11968
identifier_str_mv 10.19053/01203053.v36.n63.2017.5830
dc.language.none.fl_str_mv spa
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistas.uptc.edu.co/index.php/cenes/article/view/5830/4739
https://revistas.uptc.edu.co/index.php/cenes/article/view/5830/6671
dc.rights.en-US.fl_str_mv Copyright (c) 2017 Cristian Dario Castillo Robayo, Julimar Da Silva Bichara, Manuel Pérez Trujillo
http://creativecommons.org/licenses/by-nc-sa/4.0
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.coar.spa.fl_str_mv http://purl.org/coar/access_right/c_abf544
rights_invalid_str_mv Copyright (c) 2017 Cristian Dario Castillo Robayo, Julimar Da Silva Bichara, Manuel Pérez Trujillo
http://creativecommons.org/licenses/by-nc-sa/4.0
http://purl.org/coar/access_right/c_abf544
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv application/pdf
application/xml
dc.publisher.en-US.fl_str_mv Universidad Pedagógica y Tecnológica de Colombia
dc.source.en-US.fl_str_mv Apuntes del Cenes; Vol. 36 No. 63 (2017); 211-246
dc.source.es-ES.fl_str_mv Apuntes del Cenes; Vol. 36 Núm. 63 (2017); 211-246
dc.source.none.fl_str_mv 2256-5779
0120-3053
institution Universidad Pedagógica y Tecnológica de Colombia
repository.name.fl_str_mv Repositorio Institucional UPTC
repository.mail.fl_str_mv repositorio.uptc@uptc.edu.co
_version_ 1839633898536960000

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