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Ranking infinite utility streams includes many impossibility results, most involving certain Pareto, anonymity, or continuity requirements. We introduce the concept of the future agreement extension, a method that explicitly extends orderings on finite time horizon to an infinite time horizon....
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We estimate the returns to education for women and the racial wage differential among women over the wage distribution in Brazil by using quantile regression with semiparametric correction for sample selection. Our estimates show that the returns to education are high and that they are not...
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low income households; and iv) assessment of the potential impact on the revenue sharing between state and local …
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third is to match private educational expenditures, paid for by students or their parents, with equivalent public education … from each other. The imputed income from publicly provided education reduces inequality by between 3 and 4 Gini points and … increases incomes by about 6%. My conclusion is that the value of public education in Brazil is close to 6% of household income …
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This study seeks to quantify the stock of human capital in the Brazilian economy from 1970 to 2010. We chose to use the IBGE Demographic Census microdata, because, contrary to what is done in other studies - which use fi xed rates of return for all periods and/or regions of the country - this...
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This article investigates the factors associated with income inequalities among a cohort of graduates from Brazilian … institutions in their effects on labor income inequalities. To do so, various administrative records from the federal government … on their remuneration. The results indicate the following: i) the influence of higher education on income inequality …
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