This paper uses unique information on the 2007 cohort of college graduates from all higher education institutions in … Colombia to analyze: i) the probability of finding a job in the formal sector, and ii) the wages of those who find such a job … wages, as well as wage differences by gender and by type of university. …

Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it … overqualification and wages in a causal way, since individuals choosing these subjects might differ systematically in unobserved …

of return to graduates or graduate mark-ups show high returns, suggesting that demand has kept up with a rapidly rising … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate … defines graduate jobs in terms of the proportion of graduates and/or the graduate earnings mark-up within occupations, we find …