Patterns, Trends and Policy Implications of Private Spending on Skills Development in Mexico and the United States

Miguel Székely and Pamela Mendoza

No 8209, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper explores families' investment in skills development through education in a high-inequality, low-education quality country such as Mexico, comparing it to a lower-inequality, higher-quality education country such as the United States. The paper uses a series of high-quality Household Income and Expenditure Surveys for both countries spanning around 20 years and different methodological approaches. Of particular interest is the analysis of education expenditure patterns along the income distribution. Policy implications for both cases are discussed. While in Mexico stimulating private spending in education through public resources might be regressive, the opposite might be the case in the United States.

Keywords: Household Expenditure; Household Income; Private Investment (search for similar items in EconPapers)
JEL-codes: D11 I2 J21 (search for similar items in EconPapers)
Date: 2017-03
New Economics Papers: this item is included in nep-knm
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:8209

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