Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia

We assess the importance of credit constraints for post-secondary education using different discontinuities that affect enrollment in free-technical education and eligibility for educational grants in Colombia. Our strategy makes use of multiple RD estimators in order to identify the importance of c...

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Detalles Bibliográficos
Autores principales: Gamboa, Luis Fernando, Millán, Jaime
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2018
Materias:
Ciencias Económicas
credit constraints
Colombia
education
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/164783
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-164783
record_format dspace
spelling I19-R120-10915-1647832024-04-12T20:01:50Z http://sedici.unlp.edu.ar/handle/10915/164783 Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia Gamboa, Luis Fernando Millán, Jaime 2018-11 2018 2024-04-12T17:09:35Z en Ciencias Económicas credit constraints Colombia education We assess the importance of credit constraints for post-secondary education using different discontinuities that affect enrollment in free-technical education and eligibility for educational grants in Colombia. Our strategy makes use of multiple RD estimators in order to identify the importance of covering the opportunity cost on enrollment, completion and access to formal labor market for poor young individuals who want to enter tertiary education. We find evidence of large increases in enrollment and graduation rates. Particularly, the probability of obtaining a certification in technical studies rises from 3\% to 14\%. We also find an important increase in formal labor market participation in the medium term, individuals who received monetary aid to enroll and finish technical education from 2014 to 2016 are 50\% more likely to have a formal job in 2017. We find that reducing credit constraints has no differential effects with respect to educational variables but only affects the labor market of men. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
credit constraints
Colombia
education
spellingShingle Ciencias Económicas
credit constraints
Colombia
education
Gamboa, Luis Fernando
Millán, Jaime
Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
topic_facet Ciencias Económicas
credit constraints
Colombia
education
description We assess the importance of credit constraints for post-secondary education using different discontinuities that affect enrollment in free-technical education and eligibility for educational grants in Colombia. Our strategy makes use of multiple RD estimators in order to identify the importance of covering the opportunity cost on enrollment, completion and access to formal labor market for poor young individuals who want to enter tertiary education. We find evidence of large increases in enrollment and graduation rates. Particularly, the probability of obtaining a certification in technical studies rises from 3\% to 14\%. We also find an important increase in formal labor market participation in the medium term, individuals who received monetary aid to enroll and finish technical education from 2014 to 2016 are 50\% more likely to have a formal job in 2017. We find that reducing credit constraints has no differential effects with respect to educational variables but only affects the labor market of men.
format Objeto de conferencia
Objeto de conferencia
author Gamboa, Luis Fernando
Millán, Jaime
author_facet Gamboa, Luis Fernando
Millán, Jaime
author_sort Gamboa, Luis Fernando
title Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title_short Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title_full Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title_fullStr Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title_full_unstemmed Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title_sort reducing credit constraints to post-secondary technical education in developing countries : evidence from colombia
publishDate 2018
url http://sedici.unlp.edu.ar/handle/10915/164783
work_keys_str_mv AT gamboaluisfernando reducingcreditconstraintstopostsecondarytechnicaleducationindevelopingcountriesevidencefromcolombia
AT millanjaime reducingcreditconstraintstopostsecondarytechnicaleducationindevelopingcountriesevidencefromcolombia
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