Human Capital and the Quality of Education in a Poverty Trap Model

Autores
Santos, Maria Emma
Año de publicación
2011
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
This paper presents a model of a poverty trap that is caused by an unequal initial income and human capital distribution and differences in the quality of education between children from more and less advantaged social sectors. Under certain conditions, the economy converges to a situation with three stable and simultaneous equilibria, two of which constitute poverty traps, lowering the economy's current and steady-state aggregate output level as well as its growth rate. The model suggests that a policy oriented towards equalizing the quality of education would, in the long run, have the potential to reduce initial inequalities.
Fil: Santos, Maria Emma. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Materia
POVERTY TRAP
INCOME DISTRIBUTION
QUALITY OF EDUCATION
EDUCATIONAL POLICY
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/109205
Acceder
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network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling Human Capital and the Quality of Education in a Poverty Trap ModelSantos, Maria EmmaPOVERTY TRAPINCOME DISTRIBUTIONQUALITY OF EDUCATIONEDUCATIONAL POLICYhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5This paper presents a model of a poverty trap that is caused by an unequal initial income and human capital distribution and differences in the quality of education between children from more and less advantaged social sectors. Under certain conditions, the economy converges to a situation with three stable and simultaneous equilibria, two of which constitute poverty traps, lowering the economy's current and steady-state aggregate output level as well as its growth rate. The model suggests that a policy oriented towards equalizing the quality of education would, in the long run, have the potential to reduce initial inequalities.Fil: Santos, Maria Emma. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaRoutledge2011-03-17info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/109205Santos, Maria Emma; Human Capital and the Quality of Education in a Poverty Trap Model; Routledge; Oxford Development Studies; 39; 1; 17-3-2011; 25-471469-9966CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/doi/abs/10.1080/13600818.2010.551003info:eu-repo/semantics/altIdentifier/doi/10.1080/13600818.2010.551003info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:48:26Zoai:ri.conicet.gov.ar:11336/109205instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:48:27.086CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Human Capital and the Quality of Education in a Poverty Trap Model
title Human Capital and the Quality of Education in a Poverty Trap Model
spellingShingle Human Capital and the Quality of Education in a Poverty Trap Model
Santos, Maria Emma
POVERTY TRAP
INCOME DISTRIBUTION
QUALITY OF EDUCATION
EDUCATIONAL POLICY
title_short Human Capital and the Quality of Education in a Poverty Trap Model
title_full Human Capital and the Quality of Education in a Poverty Trap Model
title_fullStr Human Capital and the Quality of Education in a Poverty Trap Model
title_full_unstemmed Human Capital and the Quality of Education in a Poverty Trap Model
title_sort Human Capital and the Quality of Education in a Poverty Trap Model
dc.creator.none.fl_str_mv Santos, Maria Emma
author Santos, Maria Emma
author_facet Santos, Maria Emma
author_role author
dc.subject.none.fl_str_mv POVERTY TRAP
INCOME DISTRIBUTION
QUALITY OF EDUCATION
EDUCATIONAL POLICY
topic POVERTY TRAP
INCOME DISTRIBUTION
QUALITY OF EDUCATION
EDUCATIONAL POLICY
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv This paper presents a model of a poverty trap that is caused by an unequal initial income and human capital distribution and differences in the quality of education between children from more and less advantaged social sectors. Under certain conditions, the economy converges to a situation with three stable and simultaneous equilibria, two of which constitute poverty traps, lowering the economy's current and steady-state aggregate output level as well as its growth rate. The model suggests that a policy oriented towards equalizing the quality of education would, in the long run, have the potential to reduce initial inequalities.
Fil: Santos, Maria Emma. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
description This paper presents a model of a poverty trap that is caused by an unequal initial income and human capital distribution and differences in the quality of education between children from more and less advantaged social sectors. Under certain conditions, the economy converges to a situation with three stable and simultaneous equilibria, two of which constitute poverty traps, lowering the economy's current and steady-state aggregate output level as well as its growth rate. The model suggests that a policy oriented towards equalizing the quality of education would, in the long run, have the potential to reduce initial inequalities.
publishDate 2011
dc.date.none.fl_str_mv 2011-03-17
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/109205
Santos, Maria Emma; Human Capital and the Quality of Education in a Poverty Trap Model; Routledge; Oxford Development Studies; 39; 1; 17-3-2011; 25-47
1469-9966
CONICET Digital
CONICET
url http://hdl.handle.net/11336/109205
identifier_str_mv Santos, Maria Emma; Human Capital and the Quality of Education in a Poverty Trap Model; Routledge; Oxford Development Studies; 39; 1; 17-3-2011; 25-47
1469-9966
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/doi/abs/10.1080/13600818.2010.551003
info:eu-repo/semantics/altIdentifier/doi/10.1080/13600818.2010.551003
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Routledge
publisher.none.fl_str_mv Routledge
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
_version_ 1844613505102118912
score 13.070432

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