In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the authors derive the conditions under which consistence is achieved in pseudo-panel estimation and propose a simple test of selection bias. Specifically, they propose a Wald test for...

Informality is a common phenomenon in developing countries and an unusual one in industrialized countries. The persistence of informal employment is indicative of the impossibility of moving out of this status for a certain period of time. Using pseudo panel data, empirical evidence is presented...

The purpose of this paper is to provide a review of economic literature regarding theories that analyze the demand for higher education from a microeconomic perspective. Some of the noteworthy fundamental theories included in this review include Becker's (1983) theory of human capital and some...

This paper analyze of the quality of employment in the major cities of Colombia in 2009. The results show that, although the quality of employment has improved versus 2001, it still continues to be below the necessary level for having quality employment. It also demonstrates the endogenous...

Spanish Abstract: Este artículo discute las características de la duración del desempleo de los jóvenes caleños entre 2012 y 2013. Los resultados muestran que los jóvenes afrodescendientes, las mujeres y vivir en ciertas comunas aumentan la probabilidad de durar más tiempo desempleado....

In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the authors derive the conditions under which consistence is achieved in pseudo-panel estimation and propose a simple test of selection bias. Specifically, they propose a Wald test for...