| Sumario: | This research analyzes the determinants of labor income of economists in Colombia for the third quarter of 2010 and 2016, within the framework of a theoretical perspective of human capital. With information from the Large Integrated Household Survey of the National Administrative Department of Statistics (DANE), a classical mincerian equation is estimated to measure the effect of schooling and potential experience on the incomes of graduates in economics. After applying the Ordinary Least Squares method, the results suggest that an additional year of school education and on-the-job job training has a positive effect on the probability of earning higher job earnings. Additionally, applying the Mincer model for related professions, it was evident that the human capital variables have significantly different impacts for each group of professionals, therefore the hypothesis of a homogeneous labor market is not fulfilled for the study period.
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