Different channels of impact of education on poverty: an analysis for Colombia

Blanca Zuluaga ()

Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven

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 (search for similar items in EconPapers)
JEL-codes: I20 I30 (search for similar items in EconPapers)
Date: 2007-03
New Economics Papers: this item is included in nep-dev and nep-edu
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: DIFFERENT CHANNELS OF IMPACT OF EDUCATION ON POVERTY: AN ANALYSIS FOR COLOMBIA (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:ces0702

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