Ramírez, Nohora Yulieth Forero; Niño, Luis Fernando Gamboa - In: Lecturas de Economía (2007) 66, pp. 225-250
This paper estimates the returns to education in Bogotá in 1997 and 2003 by means of Heckman’s maximum likelihood methodology. The analytical framework used is Human Capital Theory. Instead of using the ‘Encuesta Nacional de Hogares’ (National Household Survey), as does current...