The persistent effect of socioeconomic status on education and labor market outcomes: Evidence from Chile’s administrative records
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Archivos
Fecha
2019-11
Profesor/a Guía
Facultad/escuela
Idioma
en
Título de la revista
ISSN de la revista
Título del volumen
Editor
Emerald Group Holdings Ltd.
Nombre de Curso
Licencia CC
Atribución 4.0 Internacional (CC BY 4.0)
Licencia CC
https://creativecommons.org/licenses/by/4.0/deed.es
Resumen
Purpose: This paper aims to study the effect of family socioeconomic status (SES) on academic and labor market outcomes. Design/methodology/approach: The authors used a rich data set of administrative records for test scores, individual background and adult earnings of a cohort of agents, covering a period spanning the agents' upper-secondary education and their early years in the labor market. Findings: The authors find that students with the highest SES obtained a 1.5 standard deviations higher score in the college admission test than students who had the same academic outcomes in the eighth grade test but belong to the lowest SES. Similarly, among students that obtained the same scores in the college admission test, those with the highest SES earned monthly wages 0.7 standard deviations higher than those with the lowest SES. Originality/value: The findings highlight that family socioeconomic background continues to influence outcomes during individuals’ upper secondary education and early years in the labor market. © 2019, Juan A. Correa, Pablo Gutiérrez, Miguel Lorca, Raúl Morales, Francisco Parro.
Notas
Indexación: Scopus
Palabras clave
Academic achievement, Human capital, Inequality, Socioeconomic status
Citación
Applied Economic Analysis Volume 27, Issue 79, Pages 62 - 9023 Oct 2019
DOI
10.1108/AEA-06-2019-0007