Abstract

SARRIA A., Andrés Felipe. Externalities of education under the estimation of multilevel models: an approach by type of worker. rev. econ. Caribe [online]. 2018, n.21, pp.75-104. ISSN 2011-2106.

This research intends to examine whether in Cali (Colombia), there are positive externalities for human capital (education) regarding individual incomes of working individuals, using the Survey of Income and Life Quality 2013, with which groups called “types of business” were formed, differentiated by their endowment in human capital. Through the estimation of Mincerian equations (under the methodology of hierarchical models) it is found evidence that relates the characteristics of the working environment with individual behavior. It should be clarified that the estimates were developed after performing test of selection bias. In addition, the same analysis is carried out by differentiating the effect of externalities between “qualified” and “unskilled” individuals, as proposed by Moretti (2004).

Keywords : externalities; human capital; education; types of firms.

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