Abstract: | For some reason, Argentina has been absent from the rich literature on the relationship between earnings and education. The paper repairs this by using the 1985 Buenos Aires Household Survey containing 4500 employed individuals. Two types of analyses are performed: first, earnings differences are “explained” by a set of individual human capital characteristics. Second, returns to investment in education are estimated for different levels and types of schooling. The results obtained for Argentina are compared to those in other countries and are interpreted in terms of priority educational investments geared towards efficiency and social equity. |