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“Convexification” and “deconvexification” of the Peruvian wage profile: a tale of declining education quality
(Universidad del Pacífico. Centro de Investigación, 2012-04)
Acceso abierto
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: ...