Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence
The authors undertake an empirical examination of rates of return to human capital for men in Brazil, through the period of macroeconomic stabilization and trade liberalization, using data from the 1988, 1992, and 1998 Brazilian household surveys (...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2003/10/2693914/human-capital-earnings-inequality-brazil-1988-98-quantile-regression-evidence http://hdl.handle.net/10986/18039 |
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okr-10986-180392021-04-23T14:03:41Z Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence Arabsheibani, G. Reza Galrão Carneiro, Francisco Henley, Andrew HUMAN CAPITAL DEVELOPMENT EARNINGS DISTRIBUTION REGRESSION ANALYSIS RATES OF RETURN MACROECONOMIC STABILIZATION TRADE LIBERALIZATION HOUSEHOLD SURVEYS WAGE LEVELS EDUCATIONAL LEVEL RETURNS TO SCHOOLING COMPOSITION DEVELOPMENT ECONOMICS EARNINGS EARNINGS DISTRIBUTION EARNINGS EQUATIONS EARNINGS GROWTH ECONOMIC RENTS ECONOMICS OF EDUCATION EMPLOYMENT EXCHANGE RATE FORMAL EDUCATION HOUSEHOLD SURVEYS HUMAN CAPITAL ILLITERACY INCOME INCOME DISTRIBUTION LEARNING LEVELS OF EDUCATION LITERATURE MACROECONOMIC STABILIZATION PAPERS PRODUCT MARKETS PRODUCTIVITY RATES OF RETURN SCHOOLING SCREENING SHOW HOW TRADE LIBERALIZATION WAGES WORKERS inequality quintile regression The authors undertake an empirical examination of rates of return to human capital for men in Brazil, through the period of macroeconomic stabilization and trade liberalization, using data from the 1988, 1992, and 1998 Brazilian household surveys (Pesquisa Nacional por Amostra de Domic�os, PNAD). The authors estimate simultaneous quantile equations to gain an insight on the impact of human capital on wages across the hourly earnings distribution. They conclude that there is evidence of growing inequality in rates of return to education in Brazil. But the authors find evidence that education is no longer used as a screening device in the labor market, but rather rewarded for its innate association with higher productivity. Although increases in rates of return to education have been more pronounced at the top of the earnings distribution, this has not led to increased inequality. This is because the levels of education and other labor market-rewarded endowments have increased and offset the rate of return effect. 2014-04-25T14:35:12Z 2014-04-25T14:35:12Z 2003-10 http://documents.worldbank.org/curated/en/2003/10/2693914/human-capital-earnings-inequality-brazil-1988-98-quantile-regression-evidence http://hdl.handle.net/10986/18039 English en_US Policy Research Working Paper;No. 3147 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Brazil |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
HUMAN CAPITAL DEVELOPMENT EARNINGS DISTRIBUTION REGRESSION ANALYSIS RATES OF RETURN MACROECONOMIC STABILIZATION TRADE LIBERALIZATION HOUSEHOLD SURVEYS WAGE LEVELS EDUCATIONAL LEVEL RETURNS TO SCHOOLING COMPOSITION DEVELOPMENT ECONOMICS EARNINGS EARNINGS DISTRIBUTION EARNINGS EQUATIONS EARNINGS GROWTH ECONOMIC RENTS ECONOMICS OF EDUCATION EMPLOYMENT EXCHANGE RATE FORMAL EDUCATION HOUSEHOLD SURVEYS HUMAN CAPITAL ILLITERACY INCOME INCOME DISTRIBUTION LEARNING LEVELS OF EDUCATION LITERATURE MACROECONOMIC STABILIZATION PAPERS PRODUCT MARKETS PRODUCTIVITY RATES OF RETURN SCHOOLING SCREENING SHOW HOW TRADE LIBERALIZATION WAGES WORKERS inequality quintile regression |
| spellingShingle |
HUMAN CAPITAL DEVELOPMENT EARNINGS DISTRIBUTION REGRESSION ANALYSIS RATES OF RETURN MACROECONOMIC STABILIZATION TRADE LIBERALIZATION HOUSEHOLD SURVEYS WAGE LEVELS EDUCATIONAL LEVEL RETURNS TO SCHOOLING COMPOSITION DEVELOPMENT ECONOMICS EARNINGS EARNINGS DISTRIBUTION EARNINGS EQUATIONS EARNINGS GROWTH ECONOMIC RENTS ECONOMICS OF EDUCATION EMPLOYMENT EXCHANGE RATE FORMAL EDUCATION HOUSEHOLD SURVEYS HUMAN CAPITAL ILLITERACY INCOME INCOME DISTRIBUTION LEARNING LEVELS OF EDUCATION LITERATURE MACROECONOMIC STABILIZATION PAPERS PRODUCT MARKETS PRODUCTIVITY RATES OF RETURN SCHOOLING SCREENING SHOW HOW TRADE LIBERALIZATION WAGES WORKERS inequality quintile regression Arabsheibani, G. Reza Galrão Carneiro, Francisco Henley, Andrew Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| geographic_facet |
Latin America & Caribbean Brazil |
| relation |
Policy Research Working Paper;No. 3147 |
| description |
The authors undertake an empirical
examination of rates of return to human capital for men in
Brazil, through the period of macroeconomic stabilization
and trade liberalization, using data from the 1988, 1992,
and 1998 Brazilian household surveys (Pesquisa Nacional por
Amostra de Domic�os, PNAD). The authors estimate
simultaneous quantile equations to gain an insight on the
impact of human capital on wages across the hourly earnings
distribution. They conclude that there is evidence of
growing inequality in rates of return to education in
Brazil. But the authors find evidence that education is no
longer used as a screening device in the labor market, but
rather rewarded for its innate association with higher
productivity. Although increases in rates of return to
education have been more pronounced at the top of the
earnings distribution, this has not led to increased
inequality. This is because the levels of education and
other labor market-rewarded endowments have increased and
offset the rate of return effect. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Arabsheibani, G. Reza Galrão Carneiro, Francisco Henley, Andrew |
| author_facet |
Arabsheibani, G. Reza Galrão Carneiro, Francisco Henley, Andrew |
| author_sort |
Arabsheibani, G. Reza |
| title |
Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| title_short |
Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| title_full |
Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| title_fullStr |
Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| title_full_unstemmed |
Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence |
| title_sort |
human capital and earnings inequality in brazil, 1988-98 : quantile regression evidence |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2003/10/2693914/human-capital-earnings-inequality-brazil-1988-98-quantile-regression-evidence http://hdl.handle.net/10986/18039 |
| _version_ |
1764438743510417408 |