Schooling Investments and Aggregate Conditions: A Household-Survey-Based Approach for Latin America and the Caribbean

IDB-OCE Working Paper No. 407

68 Pages Posted: 26 Apr 2000

See all articles by Jere Behrman

Jere Behrman

University of Pennsylvania - Department of Economics

Suzanne Duryea

Inter-American Development Bank (IDB)

Miguel Szekely

Independent

Date Written: November 1999

Abstract

Schooling is a major factor in economic development. There is a large 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.

JEL Classification: I2, O1, O15, N17

Suggested Citation

Behrman, Jere R. and Duryea, Suzanne and Szekely, Miguel, Schooling Investments and Aggregate Conditions: A Household-Survey-Based Approach for Latin America and the Caribbean (November 1999). IDB-OCE Working Paper No. 407. Available at SSRN: https://ssrn.com/abstract=223586 or http://dx.doi.org/10.2139/ssrn.223586

Jere R. Behrman

University of Pennsylvania - Department of Economics ( email )

Ronald O. Perelman Center for Political Science
133 South 36th Street
Philadelphia, PA 19104-6297
United States
215-898-7704 (Phone)
215-573-2057 (Fax)

Suzanne Duryea

Inter-American Development Bank (IDB) ( email )

1300 New York Avenue, NW
Research Department
Washington, DC 20577
United States

Miguel Szekely (Contact Author)

Independent

No Address Available
United States

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