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The impact of COVID-19 on education in Latin America: long-run implications on poverty and inequality

Jessica Bracco, Leonardo Gasparini, Mariana Marchionni, Guido Neidhöfer and Matías Ciaschi

No 4544, Asociación Argentina de Economía Política: Working Papers from Asociación Argentina de Economía Política

Abstract: The shock of the COVID-19 pandemic affected the process of human capital accumulation of children and youths. As a consequence of this disruption, the pandemic is likely to imply permanent lower levels of human capital. In this paper we provide new evidence on the impact of the COVID-19 and school closures on education in Latin America by exploiting harmonized microdata from a large set of national household surveys. In addition, we carry out some basic microsimulations to assess the potential effect of changes in human capital due to the COVID-19 crisis on future income distributions. We find that the pandemic is likely to have significant long-run consequences in terms of incomes and poverty if strong compensatory measures are not taken soon.

JEL-codes: I24 I31 O1 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2022-11
New Economics Papers: this item is included in nep-lam and nep-ltv
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Related works:
Working Paper: The Impact of COVID-19 on Education in Latin America: Long-Run Implications for Poverty and Inequality (2024) Downloads
Working Paper: The Impact of COVID-19 on Education in Latin America: Long-Run Implications for Poverty and Inequality (2022) Downloads
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