A dynamic model of education level choice: Application to brazilian states
Autor(a) principal: | |
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Data de Publicação: | 2012 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por eng |
Título da fonte: | Revista Brasileira de Economia (Online) |
Texto Completo: | https://periodicos.fgv.br/rbe/article/view/3050 |
Resumo: | An empirical analysis of the education level / wage curve in the Brazilian states shows the S-shape of that function. When introducing that function in a dynamic programming problem of schooling choice, a non-concave problem arises and we may find multiplicity of stationary state equilibria. Some of them present local stability. This may explain the persistence of several education levels in the long run of the economy and as a consequence it results the poverty trap. We also analyze the sensitivity of the stationary states to changes in the education cost in order to evaluate the impact of public educational policies. |
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A dynamic model of education level choice: Application to brazilian statesA dynamic model of education level choice: Application to brazilian statesEducation Level ChoiceNon-Concave Dynamic ProgrammingMultiplicity of Equilibria.Education level choicenon-concave dynamic programmingmultiplicity of equilibriaAn empirical analysis of the education level / wage curve in the Brazilian states shows the S-shape of that function. When introducing that function in a dynamic programming problem of schooling choice, a non-concave problem arises and we may find multiplicity of stationary state equilibria. Some of them present local stability. This may explain the persistence of several education levels in the long run of the economy and as a consequence it results the poverty trap. We also analyze the sensitivity of the stationary states to changes in the education cost in order to evaluate the impact of public educational policies.Utilizando a curva de distribuição de salários por nível de educação dos Estados Brasileiros, definimos um problema de programação dinâmica para determinar o nível de educação ótimo que os pais escolhem para os seus descendentes. Como proxy para o custo de oportunidade da educação utilizamos os gastos públicos em educação. Os resultados mostram quetrabalhadores com nível de escolaridade baixo devem recorrer a escolas públicas para proporcionar educação aos seus filhos. Por outro lado, para trabalhadores com alto nível de escolaridade (os quais recebem maiores salários) encontramos a existência de vários estados estacionários, alguns deles estáveis e outros inestáveis. Os resultados apontam a concentração de educação em alguns níveis específicos e a existência da armadilha da pobreza, onde trabalhadores com baixa escolaridade somente conseguem oferecer baixa escolaridade aos seus filhos e portanto perpetuando um nível baixo de salários para a unidade familiar. O exercício realizado pode ser útil para subsidiar a definição de políticas públicas de educação.EGV EPGE2012-06-13info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticlesArtigosapplication/pdfapplication/pdfhttps://periodicos.fgv.br/rbe/article/view/3050Revista Brasileira de Economia; Vol. 66 No. 2 (2012): Abr-Jun; 225-245Revista Brasileira de Economia; v. 66 n. 2 (2012): Abr-Jun; 225-2451806-91340034-7140reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGVporenghttps://periodicos.fgv.br/rbe/article/view/3050/2649https://periodicos.fgv.br/rbe/article/view/3050/2657Maldonado, Wilfredo L.Marques, Isabel M.Filho, Osvaldo C. da Silvainfo:eu-repo/semantics/openAccess2016-12-16T12:28:06Zoai:ojs.periodicos.fgv.br:article/3050Revistahttps://periodicos.fgv.br/rbe/https://periodicos.fgv.br/rbe/oai||rbe@fgv.br1806-91340034-7140opendoar:2024-03-06T13:03:29.054391Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)true |
dc.title.none.fl_str_mv |
A dynamic model of education level choice: Application to brazilian states A dynamic model of education level choice: Application to brazilian states |
title |
A dynamic model of education level choice: Application to brazilian states |
spellingShingle |
A dynamic model of education level choice: Application to brazilian states Maldonado, Wilfredo L. Education Level Choice Non-Concave Dynamic Programming Multiplicity of Equilibria. Education level choice non-concave dynamic programming multiplicity of equilibria |
title_short |
A dynamic model of education level choice: Application to brazilian states |
title_full |
A dynamic model of education level choice: Application to brazilian states |
title_fullStr |
A dynamic model of education level choice: Application to brazilian states |
title_full_unstemmed |
A dynamic model of education level choice: Application to brazilian states |
title_sort |
A dynamic model of education level choice: Application to brazilian states |
author |
Maldonado, Wilfredo L. |
author_facet |
Maldonado, Wilfredo L. Marques, Isabel M. Filho, Osvaldo C. da Silva |
author_role |
author |
author2 |
Marques, Isabel M. Filho, Osvaldo C. da Silva |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Maldonado, Wilfredo L. Marques, Isabel M. Filho, Osvaldo C. da Silva |
dc.subject.por.fl_str_mv |
Education Level Choice Non-Concave Dynamic Programming Multiplicity of Equilibria. Education level choice non-concave dynamic programming multiplicity of equilibria |
topic |
Education Level Choice Non-Concave Dynamic Programming Multiplicity of Equilibria. Education level choice non-concave dynamic programming multiplicity of equilibria |
description |
An empirical analysis of the education level / wage curve in the Brazilian states shows the S-shape of that function. When introducing that function in a dynamic programming problem of schooling choice, a non-concave problem arises and we may find multiplicity of stationary state equilibria. Some of them present local stability. This may explain the persistence of several education levels in the long run of the economy and as a consequence it results the poverty trap. We also analyze the sensitivity of the stationary states to changes in the education cost in order to evaluate the impact of public educational policies. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-06-13 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articles Artigos |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://periodicos.fgv.br/rbe/article/view/3050 |
url |
https://periodicos.fgv.br/rbe/article/view/3050 |
dc.language.iso.fl_str_mv |
por eng |
language |
por eng |
dc.relation.none.fl_str_mv |
https://periodicos.fgv.br/rbe/article/view/3050/2649 https://periodicos.fgv.br/rbe/article/view/3050/2657 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf |
dc.publisher.none.fl_str_mv |
EGV EPGE |
publisher.none.fl_str_mv |
EGV EPGE |
dc.source.none.fl_str_mv |
Revista Brasileira de Economia; Vol. 66 No. 2 (2012): Abr-Jun; 225-245 Revista Brasileira de Economia; v. 66 n. 2 (2012): Abr-Jun; 225-245 1806-9134 0034-7140 reponame:Revista Brasileira de Economia (Online) instname:Fundação Getulio Vargas (FGV) instacron:FGV |
instname_str |
Fundação Getulio Vargas (FGV) |
instacron_str |
FGV |
institution |
FGV |
reponame_str |
Revista Brasileira de Economia (Online) |
collection |
Revista Brasileira de Economia (Online) |
repository.name.fl_str_mv |
Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV) |
repository.mail.fl_str_mv |
||rbe@fgv.br |
_version_ |
1798943114372579328 |