Uses household survey data from 12 Latin American countries to assess how teacher salaries compare to other workers' salaries. Results show great variability from one country to another. When statistical controls are introduced for the differential education, hours worked, and gender composition, the earnings differential between the two groups…

Uses data from 1984, 1989, and 1992 household surveys to investigate the earnings/education relationship in Mexico. Time-series analysis results indicate that the returns to investment in education are depressed during an economic recession and rise again as economic growth resumes. Returns to education remain high, even after significantly…