Arellano, Soledad; Braun-Llona, Matías - In: Latin American Journal of Economics-formerly Cuadernos … 36 (1999) 107, pp. 685-724
In this paper the economic return to formal education in Chile is estimated. The construction of an earnings-profile for each educational level is a basic ingredient in the computation of the rate of return. The paper uses a much larger sample than previo