Download this Paper Open PDF in Browser

Different Channels of Impact of Education on Poverty: An Analysis for Colombia

23 Pages Posted: 8 Feb 2007  

Blanca Zuluaga

Universidad Icesi - Economics & Management; KU Leuven - Center for Economic Studies

Date Written: February 2007

Abstract

This paper analyses pecuniary and non-pecuniary effects of education on poverty. Two are the main contributions: first, the pecuniary analysis employs the recently developed technique of instrumental variable quantile regression, very helpful method when one is interested in the lowest or highest extremes of the distribution function of the dependent variable. In fact, quantile regression offers coefficient estimations for any conditional quantile. The second contribution derives from our purpose to highlight the non-pecuniary returns to education: resources invested in education bring future returns to individuals, not only reflected in monetary earnings, but also in higher levels of satisfaction of basic needs.

Keywords: education, poverty, quantile regression, Colombia

JEL Classification: I30, I20

Suggested Citation

Zuluaga, Blanca, Different Channels of Impact of Education on Poverty: An Analysis for Colombia (February 2007). Available at SSRN: https://ssrn.com/abstract=958684 or http://dx.doi.org/10.2139/ssrn.958684

Blanca Zuluaga (Contact Author)

Universidad Icesi - Economics & Management ( email )

Cali
Colombia

KU Leuven - Center for Economic Studies ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Paper statistics

Downloads
221
Rank
118,689
Abstract Views
1,023