A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina
The ‘paradox of progress’ is an empirical regularity that associates more education with larger income inequality. Two driving and competing factors behind this phenomenon are the convexity of the ‘Mincer equation’ (that links wages and education) and the heterogeneity in its returns, as captured by...
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| Autores principales: | , , , |
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| Formato: | Articulo Documento de trabajo |
| Lenguaje: | Inglés |
| Publicado: |
2022
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/130067 https://www.cedlas.econo.unlp.edu.ar/wp/no-293/ |
| Aporte de: |
| id |
I19-R120-10915-130067 |
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dspace |
| institution |
Universidad Nacional de La Plata |
| institution_str |
I-19 |
| repository_str |
R-120 |
| collection |
SEDICI (UNLP) |
| language |
Inglés |
| topic |
Ciencias Económicas Paradox of progress Quantile regression Inequality Returns to education Argentina |
| spellingShingle |
Ciencias Económicas Paradox of progress Quantile regression Inequality Returns to education Argentina Alejo, Javier Gasparini, Leonardo Carlos Montes Rojas, Gabriel Sosa Escudero, Walter A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| topic_facet |
Ciencias Económicas Paradox of progress Quantile regression Inequality Returns to education Argentina |
| description |
The ‘paradox of progress’ is an empirical regularity that associates more education with larger income inequality. Two driving and competing factors behind this phenomenon are the convexity of the ‘Mincer equation’ (that links wages and education) and the heterogeneity in its returns, as captured by quantile regressions. We propose a joint least-squares and quantile regression statistical framework to derive a decomposition in order to evaluate the relative contribution of each explanation. The estimators are based on the ‘functional derivative’ approach. We apply the proposed decomposition strategy to the case of Argentina 1992 to 2015. |
| format |
Articulo Documento de trabajo |
| author |
Alejo, Javier Gasparini, Leonardo Carlos Montes Rojas, Gabriel Sosa Escudero, Walter |
| author_facet |
Alejo, Javier Gasparini, Leonardo Carlos Montes Rojas, Gabriel Sosa Escudero, Walter |
| author_sort |
Alejo, Javier |
| title |
A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| title_short |
A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| title_full |
A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| title_fullStr |
A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| title_full_unstemmed |
A decomposition method to evaluate the ‘paradox of progress’ with evidence for Argentina |
| title_sort |
decomposition method to evaluate the ‘paradox of progress’ with evidence for argentina |
| publishDate |
2022 |
| url |
http://sedici.unlp.edu.ar/handle/10915/130067 https://www.cedlas.econo.unlp.edu.ar/wp/no-293/ |
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