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

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Author Info
Suzanne Duryea
Jere R. Behrman
Miguel Székely

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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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Paper provided by Inter-American Development Bank, Research Department in its series RES Working Papers 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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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

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  7. Jere R. Behrman & Suzanne Duryea & Miguel Székely, 1999. "Aging and Economic Opportunities: Major World Regions around the Turn of the Century," RES Working Papers 4180, Inter-American Development Bank, Research Department. [Downloadable!]
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  12. Behrman, Jere R & Rosenzweig, Mark R & Taubman, Paul, 1996. "College Choice and Wages: Estimates Using Data on Female Twins," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 672-85, November. [Downloadable!] (restricted)
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  30. Behrman, Jere R., 1987. "Schooling in developing countries: Which countries are the Over- and underachievers and what is the schooling impact?," Economics of Education Review, Elsevier, vol. 6(2), pages 111-127, April. [Downloadable!] (restricted)
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  35. repec:fth:inadeb:376 is not listed on IDEAS
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Suzanne Duryea & Sebastian Galiani & Hugo Ñopo & Claudia Piras, 2007. "The Educational Gender Gap in Latin America and the Caribbean," RES Working Papers 4510, Inter-American Development Bank, Research Department. [Downloadable!]
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