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Schooling Investments and Macroeconomic Conditions: A Micro-Macro Investigation for Latin America and the Caribbean

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  • Suzanne Duryea
  • Jere R. Behrman
  • Miguel Székely

Abstract

Schooling is a major factor in economic development. There is extensive empirical literature on what determines schooling attainment. But most of this literature uses micro data to explore connections between schooling attainment and family background and experiences, local markets, local schools and other community characteristics. These studies generally have not linked schooling attainment closely to changes in aggregate economic conditions. This paper uses a new high quality data set for 18 Latin American and Caribbean countries to assess the effects of macro conditions on schooling attainment. Household survey data are used to construct a quasi panel with information on attainment for birth cohorts born between 1930 and 1970, which is merged with country-specific aggregate data. We use the data to document schooling progress in Latin America and estimate multivariate relations for schooling attainment by birth cohorts as related to sets of variables for macroeconomic stability, factor endowments, demographic developments, institutions and culture and religion. These estimates are used to decompose the change in schooling progress by decade, and to explore the causes of the slowdown in schooling accumulation in the region since the 1980s debt crisis.

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Bibliographic Info

Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4184.

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Date of creation: Nov 1999
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Handle: RePEc:idb:wpaper:4184

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  44. repec:fth:inadeb:376 is not listed on IDEAS
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Citations

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Cited by:
  1. Miguel Székely & Orazio P. Attanasio, 2000. "Household Saving in Developing Countries - Inequality, Demographics and All That: How Different are Latin America and South East Asia?," Research Department Publications 4221, Inter-American Development Bank, Research Department.
  2. Jere R. Behrman & Alejandro Gaviria & Miguel Székely, 2001. "Intergenerational Mobility in Latin America," JOURNAL OF LACEA ECONOMIA, LACEA - LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION.
  3. Suzanne Duryea & Sebastian Galiani & Hugo Ñopo & Claudia Piras, 2007. "The Educational Gender Gap in Latin America and the Caribbean," Research Department Publications 4510, Inter-American Development Bank, Research Department.
  4. Karan Singh, B, 2011. "Impact of adverse economic shocks on the Indian child labour market and the schooling of children of poor households," MPRA Paper 30958, University Library of Munich, Germany.
  5. Jere R. Behrman & Alejandro Gaviria & Miguel Székely, 2001. "Movilidad intergeneracional en América Latina," Research Department Publications 4268, Inter-American Development Bank, Research Department.
  6. Miguel Székely & Orazio P. Attanasio, 2000. "El ahorro familiar en los países en desarrollo  Desigualdad, factores demográficos y todo eso: ¿Qué tan distintos son América Latina y el Sureste de Asia?," Research Department Publications 4222, Inter-American Development Bank, Research Department.

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