Educational Quality and Labor Market Outcomes: Evidence from Bogota, Colombia

Psacharopoulos, George; Velez, Eduardo

doi:10.2307/2112797

Cited by 32 publications

(18 citation statements)

References 15 publications

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“…Being equipped for the job market is one of the factors most highly valued by students (Hartman & Schmidt, 1995;Psacharopoulos & Vélez, 1993). Harvey and Green (1993) evaluated satisfaction with postgraduate university study and the true usefulness of the knowledge acquired when it came to entering the job market.…”

Section: 1mentioning

confidence: 99%

What do graduates think? An analysis of intention to repeat the same studies and university

Martínez

Toledo

2013

Journal of Marketing for Higher Education

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The present work analyzes the key factors in the university experience that influence graduates' intention to repeat the same studies and the same institution, given the hypothetical option -based on hindsight -of selecting afresh a course and place of study. The work is inspired by the theory of planned behavior [Ajzen, I. (1985). From intentions to actions: A theory of planned behavior, in action control: From cognition to behavior. New York: J. Kuhl and J. Beckmann; Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50, 179-211]. This analysis is based on the opinion of graduates in relation to a set of variables that together form the intention to repeat, namely quality of education; services and facilities; preparation by the university for employment; fitness-for-purpose of studies for the job market; capacities and skills acquired; the time taken to find work following graduation; current salary; and satisfaction with current employment. Using multiple regression models, the principal components of service quality in a university context are determined. The findings indicate that the quality of the educational process is the most influential aspect both in the intention to repeat the same studies and also in the intention to repeat the same university. Services and facilities have a marked influence on the latter, while the time taken to find employment and current salary are the two aspects with the least impact.

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Section: 1mentioning

confidence: 99%

What do graduates think? An analysis of intention to repeat the same studies and university

Martínez

Toledo

2013

Journal of Marketing for Higher Education

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“…For example, Psacharopolous and Velez (1993) and Harbison and Hanushek (1992) use repetition rates as a measure of school quality in Colombia and Brazil.…”

mentioning

confidence: 99%

Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment

Angrist¹,

Bettinger

Bloom³

et al. 2002

American Economic Review

487

116

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Colombia used lotteries to distribute vouchers which partially covered the cost of private secondary school for students who maintained satisfactory academic progress. Three years after the lotteries, winners were about 10 percentage points more likely to have finished 8th grade, primarily because they were less likely to repeat grades, and scored 0.2 standard deviations higher on achievement tests. There is some evidence that winners worked less than losers and were less likely to marry or cohabit as teenagers. Benefits to participants likely exceeded the $24 per winner additional cost to the government of supplying vouchers instead of public-school places.

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“…18 The evidence suggests that the threat could account for at least 0.10 standard deviations, the score gain associated to a half year of schooling. 19 The return to education for the average worker in Colombia has been reported to be either 8.7% (Psacharopoulos and Velez, 1993) or 10% (Angrist et al, 2002). Assuming that the return for low-performers is 8.7% and considering that the expected earnings of applicants are $3000 (Angrist et al, 2002), the programs' gain attributed to the incentive effect might raise wages by $130 per year.…”

Section: The Effect Among Low-performersmentioning

confidence: 99%

Measuring the incentives to learn in Colombia using new quantile regression approaches

Lamarche

2011

Journal of Development Economics

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Educational Quality and Labor Market Outcomes: Evidence from Bogota, Colombia

Cited by 32 publications

References 15 publications

What do graduates think? An analysis of intention to repeat the same studies and university

What do graduates think? An analysis of intention to repeat the same studies and university

Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment

Measuring the incentives to learn in Colombia using new quantile regression approaches

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