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…

Using data from the 1985 Buenos Aires (Argentina) Household Survey of 4,500 employed individuals, earnings differences are explained by a set of individual human capital characteristics. Returns to education investments are then estimated for different levels and types of schooling. Secondary and higher education investments need to be retargeted.…