This paper analyses the prevalence of educational mismatch and its effects on wages in Brazil using a large employer-employee dataset. I find that half of the Brazilian labour market is mismatched, with similar proportions of over- and undereducated. Overeducated (undereducated) workers earn significantly lower (higher) than their co-workers who…

The first chapter studies the effects of a teacher performance bonus program implemented in Brazil in 2008. The program covered all schools directly managed by the State of Sao Paulo government, and was based on a standardized test run by the state education authority. I use high-school exit exams organized by the federal government (ENEM) to…

Presents new estimates of the rates of return to Brazilian education in 1989. Modifies customary Mincerian methodology to capture the wage effects of changes in the labor force's educational structure. Results suggest that workers with less than university education compete with each other (are substitutes), whereas more highly educated workers…

Examined the statistical relationship between education and earnings in Brazil and the benefits of staying one extra year in school. Overall, the economic reward for staying in school for one more year fundamentally changed from 1982-98, and this development fundamentally altered the way education was remunerated in the labor market. Four…