Earnings of Men and Women in Colombia: 1976-1995

34 Pages Posted: 8 Dec 1997

See all articles by Rocio Ribero

Rocio Ribero

Universidad de los Andes, Colombia

Claudia Meza

Unidad de Analisis Macroeconomico

Date Written: October 1997

Abstract

In this paper we study the evolution of earnings of men and women in Colombia between 1976 and 1995. Mincer earning equations were estimated for 1976, 1980, 1985, 1990 and 1995; and the female equation was corrected for selection bias, but this did not change the results. A panel of data was built in order to capture both cross section and longitudinal aspects of the evolution of earnings. We find that the rates of return to education in the panel estimation are equal for men and women, and close to 11%, therefore implying that the main differences in wages across gender are due to different returns to labor experience and to the number of hours worked per week.

JEL Classification: J7, J2

Suggested Citation

Ribero, Rocio and Meza, Claudia, Earnings of Men and Women in Colombia: 1976-1995 (October 1997). Available at SSRN: https://ssrn.com/abstract=44587 or http://dx.doi.org/10.2139/ssrn.44587

Rocio Ribero (Contact Author)

Universidad de los Andes, Colombia ( email )

Faculty of Economics
Bogota
Colombia
57-1-2849911 ext. 2437 (Phone)

Claudia Meza

Unidad de Analisis Macroeconomico ( email )

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