Abstract

AGUADO QUINTERO, Luis Fernando; GIRON CRUZ, Luis Eduardo  and  SALAZAR SILVA, Fernando. Una aproximación empírica a la relación entre educación y pobreza. Prob. Des [online]. 2007, vol.38, n.149, pp.35-60. ISSN 0301-7036.

Using an ordered Logit multiple choice model and structural equations models, we find a clear relationship between education and poverty. The structural equation models reveal a feedback between both variables. Given this observation, the study proposes that although investment in human capital through education is a key factor for improving people's incomes, on its own it is insufficient for changing conditions from poor to not poor, because it requires a favorable macroeconomic climate in which the educated poor in the labor market increase their income flows.

Keywords : poverty; education; economic growth; structural models; Logit multiple choice model.

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