Ten Years After. Determinants of Income from Work in Young Assessed by PISA 2003 in Uruguay
Keywords:
Quality, Effectiveness, Change, Improvement, Equity, Innovation.Copyright (c) 2016 REICE. Revista Iberoamericana sobre Calidad, Eficacia y Cambio en Educación
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Abstract
The use of Mincer’s equations, are standard procedure to estimate the return of investment in human capital, its versatility has allowed the inclusion of many controls. The proposal of this article is observe the incomes at 25 years old, controlling the PISA score, achieved by young people at 15 years old. The data set for the article came from the Second Survey to Young People Evaluated by PISA at 2003, that in 2012 surveyed 2451 Uruguayan young people, that were evaluated by PISA in the 2003 cycle. The result shows a statistical significant effect of the PISA score in the incomes, even 10 years after of the evaluation. Those that obtain score above the threshold of literacy according PISA, have on average higher income, even including applying controls of gender, educational level, work experience, place of residence, type of job, and family social class.
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