A dynamic model of education level choice: Application to brazilian states

Detalhes bibliográficos
Autor(a) principal: Maldonado, Wilfredo L.
Data de Publicação: 2012
Outros Autores: Marques, Isabel M., Filho, Osvaldo C. da Silva
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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spelling 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
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