Uses data from Venezuela's 1987 Household Survey to update returns to education and compare them to 1975 and 1984 figures. Returns to education have been maintained despite the educational explosion occurring in Venezuela during the period investigated. Although higher education is most heavily subsidized, primary education remains the most…

Examines various education-related aspects of Venezuela's labor market for 1975-1984, using a sample of 40,000 workers. Education returns have declined only two percent during a rapid educational expansion period. The increased supply of educated persons influenced the narrowing of earnings differentials and led to more equitable income…

Uses data from the 1989 Venezuelan Household Survey to assess macropriorities among educational investment in that country. An earnings analysis by educational level reveals persisting, if declining, advantages for the more educated. The cost-benefit analysis indicates that primary education yields the highest returns, whereas higher education…