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: | eng |
Título da fonte: | Revista Brasileira de Economia (Online) |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402012000200005 |
Resumo: | Using the education level/wage distribution curve of the Brazilian States we define a dynamic programming problem to determine the optimal choice of education level of the parents in their descendants favor. As a proxy for the opportunity cost of education we use the public expenditure in education. The results show that low level educated workers will use public schools to provide education to their offspring. For high educated workers (which receive higher wages) we find the existence of several steady states, some of them stable and others unstable. The findings point out the concentration of education in some specific levels and the existence of a poverty trap, where low educated workers chose low level of education for their descendants perpetuating low wages for the familiar unit. The performed exercise may be used as subside to the definition of public educational policies. |
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A dynamic model of education level choice: application to Brazilian statesEducation Level ChoiceNon-Concave Dynamic ProgrammingMultiplicity of EquilibriaUsing the education level/wage distribution curve of the Brazilian States we define a dynamic programming problem to determine the optimal choice of education level of the parents in their descendants favor. As a proxy for the opportunity cost of education we use the public expenditure in education. The results show that low level educated workers will use public schools to provide education to their offspring. For high educated workers (which receive higher wages) we find the existence of several steady states, some of them stable and others unstable. The findings point out the concentration of education in some specific levels and the existence of a poverty trap, where low educated workers chose low level of education for their descendants perpetuating low wages for the familiar unit. The performed exercise may be used as subside to the definition of public educational policies.Fundação Getúlio Vargas2012-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402012000200005Revista Brasileira de Economia v.66 n.2 2012reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.1590/S0034-71402012000200005info:eu-repo/semantics/openAccessMaldonado,Wilfredo L.Marques,Isabel M.Silva Filho,Osvaldo C. daeng2012-06-22T00:00:00Zoai:scielo:S0034-71402012000200005Revistahttp://bibliotecadigital.fgv.br/ojs/index.php/rbe/issue/archivehttps://old.scielo.br/oai/scielo-oai.php||rbe@fgv.br1806-91340034-7140opendoar:2012-06-22T00:00Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)false |
dc.title.none.fl_str_mv |
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 |
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. Silva Filho,Osvaldo C. da |
author_role |
author |
author2 |
Marques,Isabel M. Silva Filho,Osvaldo C. da |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Maldonado,Wilfredo L. Marques,Isabel M. Silva Filho,Osvaldo C. da |
dc.subject.por.fl_str_mv |
Education Level Choice Non-Concave Dynamic Programming Multiplicity of Equilibria |
topic |
Education Level Choice Non-Concave Dynamic Programming Multiplicity of Equilibria |
description |
Using the education level/wage distribution curve of the Brazilian States we define a dynamic programming problem to determine the optimal choice of education level of the parents in their descendants favor. As a proxy for the opportunity cost of education we use the public expenditure in education. The results show that low level educated workers will use public schools to provide education to their offspring. For high educated workers (which receive higher wages) we find the existence of several steady states, some of them stable and others unstable. The findings point out the concentration of education in some specific levels and the existence of a poverty trap, where low educated workers chose low level of education for their descendants perpetuating low wages for the familiar unit. The performed exercise may be used as subside to the definition of public educational policies. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-06-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402012000200005 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402012000200005 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/S0034-71402012000200005 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Fundação Getúlio Vargas |
publisher.none.fl_str_mv |
Fundação Getúlio Vargas |
dc.source.none.fl_str_mv |
Revista Brasileira de Economia v.66 n.2 2012 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_ |
1754115905516732416 |