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This paper estimates the association of demographic and educational changes with earnings and returns to schooling of male workers in Brazil and Mexico. Our analysis takes into account demographic, educational, and economic variations within each country over time, using Demographic Censuses microdata from Brazil and Mexico. Results suggest that demographic and educational transitions are correlated with earnings and returns to education. Proportions of people in age-education groups tend todoi:10.31235/osf.io/na8tv fatcat:7oj6vqyhzzdkbjpghw6sgq5hmi