<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2074-4706</journal-id>
<journal-title><![CDATA[Revista Latinoamericana de Desarrollo Económico]]></journal-title>
<abbrev-journal-title><![CDATA[rlde]]></abbrev-journal-title>
<issn>2074-4706</issn>
<publisher>
<publisher-name><![CDATA[Universidad Católica Boliviana "San Pablo"]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2074-47062022000100087</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Wasted years: Informality and returns to education in Bolivia]]></article-title>
<article-title xml:lang="es"><![CDATA[Años perdidos: informalidad y retornos a la educación en Bolivia]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Mendieta Ossio]]></surname>
<given-names><![CDATA[Pablo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,UPB  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Bolivia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>00</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>00</month>
<year>2022</year>
</pub-date>
<numero>37</numero>
<fpage>87</fpage>
<lpage>111</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.bo/scielo.php?script=sci_arttext&amp;pid=S2074-47062022000100087&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.bo/scielo.php?script=sci_abstract&amp;pid=S2074-47062022000100087&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.bo/scielo.php?script=sci_pdf&amp;pid=S2074-47062022000100087&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract During the last years some estimates showed a low average return on schooling in Bolivia. With the use of two databases, the standard annual household survey and the novel demand for skills survey, I found a non-linear shape of schooling returns. Even more, I improved the estimation with the use of a segmented labor market approach. Joint a matching technique, I estimated models which support the hypothesis that this pattern is due to a widespread informality issue. I explore the ways this result could be enhanced with a skill connection and a general-equilibrium segmented search labor model.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En los últimos años, algunas estimaciones mostraron un bajo retorno a la educación en Bolivia. Con el uso de dos bases de datos, la encuesta anual de hogares y una base novedosa de demanda de habilidades, se encuentra una forma no lineal de los retornos de la educación. Incluso, se mejora la estimación con el uso de un enfoque de mercados laborales segmentados. Junto a una técnica de pareo se estiman modelos que apoyan la hipótesis de que este patrón se debe al alto grado de informalidad. Finalmente se discute las formas en las cuales esta relación puede ser mejorada con la inclusión de habilidades y un enfoque de equilibrio general de búsqueda de empleo en mercados segmentados.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Schooling returns]]></kwd>
<kwd lng="en"><![CDATA[informality]]></kwd>
<kwd lng="en"><![CDATA[Bolivia]]></kwd>
<kwd lng="es"><![CDATA[Retornos a la educación]]></kwd>
<kwd lng="es"><![CDATA[informalidad]]></kwd>
<kwd lng="es"><![CDATA[Bolivia]]></kwd>
</kwd-group>
</article-meta>
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