Title:
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Double penalty in returns to education: informality and educational mismatch in the Colombian labour market
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Author:
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Herrera Idárraga, Paula; López Bazo, Enrique; Motellón Corral, Elisabet
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Other authors:
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Pontificia Universidad Javeriana; Universitat de Barcelona; Universitat Oberta de Catalunya (UOC) |
Abstract:
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This article examines the returns to education taking into consideration the existence of educational mismatches in the formal and informal employment of a developing country. Results show that the returns of surplus, required and deficit years of schooling are different in the two sectors. Moreover, they suggest that these returns vary along the wage distribution, and that the pattern of variation differs for formal and informal workers. In particular, informal workers face not only lower returns to their education, but suffer a second penalty associated with educational mismatches that puts them at a greater disadvantage compare to their formal counterparts. |
Subject(s):
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-educational mismatch -formal/informal employment -economic development -wage gap -desajuste educativo -empleo formal/informal -desarrollo económico -brecha salarial -desajust educatiu -feina formal/informal -desenvolupament econòmic -diferència salarial -Labor market -Mercat de treball -Mercado de trabajo |
Rights:
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(c) Author/s & (c) Journal
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Document type:
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Article Article - Submitted version |
Published by:
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Journal of Development Studies
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