Valor de la información en educación superior y efecto de la calidad universitaria en remuneraciones en el Perú

Research output: Working paper


Literature in behavioural economics shows that information has a key important role in decision making. The main objective of this paper is to estimate the value of information in post-secondary education market. The Peruvian case offers a unique natural experiment setting: in 1996 Peruvian government relaxed legal requirements to créate educational institutions. Institutions created after 1996 are of lower quality, on average. In 2015 the Peruvian government launched “Portal en Carrera”, a public information web page which contains data on salaries in the formal sector of recent university and non-university graduates. We found that only 62 percent of university-careers show positive economic returns and just 4 percent of non-university-careers show positive economic returns. The effect on wages of attending a high quality institutions is 17.3 percentage points. This effect represents 40 percent of the gap between an individual who attended a high quality institution and an individual who attended a low quality institution. Finally, if just 1 percent of recent graduates had had information on salaries before making post-secondary decisions and had decided not to continue studying and had started working, they would have earned 4.5 million of soles during their working life.
Original languageSpanish
Place of PublicationLima
Number of pages26
StatePublished - 1 Dec 2015

Publication series

NameDocumento de Trabajo
PublisherAsociación Peruana de Economía

Bibliographical note

Accepted: 2016-07-06T13:28:12Z Publisher: Asociación Peruana de Economía

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