Artículo
A decomposition method to evaluate the ‘paradox of progress’, with evidence for Argentina
Alejo, Osvaldo Javier
; Gasparini, Leonardo Carlos
; Montes Rojas, Gabriel Victorio
; Sosa Escudero, Walter
Fecha de publicación:
02/2024
Editorial:
Springer
Revista:
The Journal of Economic Inequality
ISSN:
1569-1721
e-ISSN:
1573-8701
Idioma:
Inglés
Tipo de recurso:
Artículo publicado
Clasificación temática:
Resumen
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 the returns to education, as captured by quantile regressions. We propose a joint leastsquares and quantile regression statistical framework to derive a decomposition to evaluate the relative contribution of each explanation. We apply the proposed decomposition strategy to the case of Argentina 1992 to 2015.
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Articulos(CCT - LA PLATA)
Articulos de CTRO.CIENTIFICO TECNOL.CONICET - LA PLATA
Articulos de CTRO.CIENTIFICO TECNOL.CONICET - LA PLATA
Articulos(IIEP)
Articulos de INST. INTER. DE ECONOMIA POLITICA DE BUENOS AIRES
Articulos de INST. INTER. DE ECONOMIA POLITICA DE BUENOS AIRES
Citación
Alejo, Osvaldo Javier; Gasparini, Leonardo Carlos; Montes Rojas, Gabriel Victorio; Sosa Escudero, Walter; A decomposition method to evaluate the ‘paradox of progress’, with evidence for Argentina; Springer; The Journal of Economic Inequality; 22; 2; 2-2024; 453-472
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