Labor Market Returns under Educational Expansion in the Americas: Is the Value of Educational Credentials Changing?
by Francisco Ceron and Andrea Canales, (Pontificia Universidad Católica de Chile / The Millennium Nucleus for the Study of Labour Market Mismatch: Causes and Consequences (LM2C2))
This study examines how the expansion of higher education has influenced labour market returns in the liberal welfare regimes across the Americas. Using the LIS Database, the analysis explores whether increased educational attainment has maintained its value in the labour market or if its relative returns have diminished over time. The findings highlight the complex interplay between education, labour market deregulation, and inequality trends.
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