Landeau, Sergio Salas; Contreras, Dante - In: Estudios de Economia 30, 1 Year 2003, pp. 87-102
In this paper, we use the econometric frontier approach to estimate efficiency measures of the transformation of human capital into earned income in the Chilean labor market for the period 1957-1998. We find that the mean efficiency is 75%, and that it has been imporving over time. We also find...