Human Capital and Earnings Inequality in Brazil, 1988-98 : Quantile Regression Evidence / G. R. Arabsheibani, Francisco Galrão.

Format:

Book

Author/Creator:

Arabsheibani, G. R., author.

Galrão, Francisco, author.

Series:

Policy research working papers (Online) ; 3147.

Policy research working papers (Online) ; 3147

Language:

English

Subjects (All):

Human capital.

Human capital--Management.

Physical Description:

1 online resource (20 pages).

Other Title:

Human capital and earnings inequality in Brazil, 1988-98

Policy research working paper vol. 3147

Place of Publication:

Washington, D.C. : World Bank, 2003.

Summary:

Arabsheibani, Carneiro, and Henley 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 Domicílios, 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. This paper is a product of Poverty Reduction and Economic Management 4, Africa Technical Families.

Notes:

Description based on publisher supplied metadata and other sources.

Publisher Number:

10.1596/1813-9450-3147