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

Autores
Gamboa, Luis Fernando; Millán, Jaime
Año de publicación
2018
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
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
Materia
Ciencias Económicas
credit constraints
Colombia
education
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/164783
Acceder
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network_name_str SEDICI (UNLP)
spelling Reducing credit constraints to post-secondary technical education in developing countries : Evidence from ColombiaGamboa, Luis FernandoMillán, JaimeCiencias Económicascredit constraintsColombiaeducationWe 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 Económicas2018-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/164783enginfo:eu-repo/semantics/altIdentifier/isbn/978-987-28590-6-0info:eu-repo/semantics/altIdentifier/url/https://bd.aaep.org.ar/anales/works/works2018/gamboa.pdfinfo:eu-repo/semantics/altIdentifier/issn/1852-0022info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-29T11:43:21Zoai:sedici.unlp.edu.ar:10915/164783Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-29 11:43:22.135SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
title Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
spellingShingle Reducing credit constraints to post-secondary technical education in developing countries : Evidence from Colombia
Gamboa, Luis Fernando
Ciencias Económicas
credit constraints
Colombia
education
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
dc.creator.none.fl_str_mv Gamboa, Luis Fernando
Millán, Jaime
author Gamboa, Luis Fernando
author_facet Gamboa, Luis Fernando
Millán, Jaime
author_role author
author2 Millán, Jaime
author2_role author
dc.subject.none.fl_str_mv Ciencias Económicas
credit constraints
Colombia
education
topic Ciencias Económicas
credit constraints
Colombia
education
dc.description.none.fl_txt_mv 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
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.
publishDate 2018
dc.date.none.fl_str_mv 2018-11
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dc.language.none.fl_str_mv eng
language eng
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info:eu-repo/semantics/altIdentifier/issn/1852-0022
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-sa/4.0/
Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
dc.format.none.fl_str_mv application/pdf
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