A decomposition method to evaluate the "paradox of progress", with evidence for Argentina

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The ‘paradox of progess’ 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 edcuation) and the heterogeneity in its returns, as captured by...

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Autores principales:	Alejo, Javier, Gasparini, Leonardo Carlos, Montes Rojas, Gabriel, Sosa Escudero, Walter
Formato:	Objeto de conferencia
Lenguaje:	Inglés
Publicado:	2021
Materias:	Ciencias Económicas paradox of progress quantile regression inequality returns to education Argentina
Acceso en línea:	http://sedici.unlp.edu.ar/handle/10915/169676
Aporte de:	SEDICI (UNLP) de Universidad Nacional de La Plata

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spelling	I19-R120-10915-1696762024-09-06T04:08:20Z http://sedici.unlp.edu.ar/handle/10915/169676 A decomposition method to evaluate the "paradox of progress", with evidence for Argentina Alejo, Javier Gasparini, Leonardo Carlos Montes Rojas, Gabriel Sosa Escudero, Walter 2021-11 2021 2024-09-05T14:06:51Z en Ciencias Económicas paradox of progress quantile regression inequality returns to education Argentina The ‘paradox of progess’ 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 edcuation) and the heterogeneity in its returns, as captured by quantile regressions. We propose a joint least-squares / quantile regression statistical framework to derive a decomposition to evaluate the relative contribution of each explanation, based on a ‘functional derivative’ as in Firpo et al. (2009). We apply the proposed decomposition strategy to the case of Argentina. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
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 progess’ 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 edcuation) and the heterogeneity in its returns, as captured by quantile regressions. We propose a joint least-squares / quantile regression statistical framework to derive a decomposition to evaluate the relative contribution of each explanation, based on a ‘functional derivative’ as in Firpo et al. (2009). We apply the proposed decomposition strategy to the case of Argentina.
format	Objeto de conferencia Objeto de conferencia
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	2021
url	http://sedici.unlp.edu.ar/handle/10915/169676
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A decomposition method to evaluate the "paradox of progress", with evidence for Argentina

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