Returns to Human Capital in a Developing Country: A Pseudo-Panel Approach for Colombia

• Autorzy: Jhon J. Mora , Diana Y. Herrera , Juan F. Álvarez , Jose S. Arroyo
• Języki publikacji: EN

Abstrakty

EN

This article analyzes the recent returns to human capital in Colombia. Using a pseudo-panel approach, the results show a human capital return of 9.7% from 2016 to 2020. Comparisons with previous data show a reduction of approximately 5 p.p. in return on human capital. Our results show the importance of investing in Colombia's human capital due to the positive externalities compared to other forms of investment in Colombia. Also, we find statistically significant differences between men and women; Around 2 percentage points (p.p.). A more effective public policy is needed to correct these disparities, despite Colombia's public policies such as equal pay for equal work or advances in equal parental leave. (original abstract)

Słowa kluczowe

EN

Human capital; Wage disparities; Gender; Education

PL

Kapitał ludzki; Nierówności płacowe; Płeć; Edukacja

• Czasopismo: Economics & Sociology
• Rocznik: 2023
• Tom: 16
• Numer: nr 1
• Strony: 57--70

Twórcy

autor

Jhon J. Mora

• Universidad Icesi, Cali, Colombia

autor

Diana Y. Herrera

• Universidad Icesi, Cali, Colombia

autor

Juan F. Álvarez

• Universidad Icesi, Cali, Colombia

autor

Jose S. Arroyo

• Universidad del Valle, Cali, Colombia

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Identyfikatory

DOI

10.14254/2071-789X.2023/16-1/4