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Education and Labor Market
Outcomes in Brazil Naércio Aquino Menezes-Filho University of São Paulo IDB Annual Meeting – Milan 2003
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Figure 1 – Wage Inequality in Brazil
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Figure 2 – Education and Wage Inequality
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Figure 3 – The Evolution of Education
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Figure 4 – Average Returns to Education
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Figure 5 – Education Composition Effect
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Figure 6 – Relative Wage Differentials
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Figure 7 – Relative Supply of Education
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Demand for Skill : 3 Skill Groups
Aggregate output Labor Aggregate 1 Simple tasks Labor Aggregate 2 Complex tasks = supply of semi-skilled workers performing simple tasks = supply of semi-skilled workers performing Complex tasks
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Demand for Skill: 3 Skill Groups
From the F.OC.:
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Figure 8: D 32 (t) – Elasticity = 1,5
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Figure 9: D 12 (t) – Elasticity = 1,5
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Figure 10 – Relative Unemployment Rate
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Figure 11 – Labor Market Transitions by Education
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Figure 12 – Costs of Displacement
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Figure 13 – Recent Evolution of Education
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Conclusions Any Employment Policy has to take into Account The Supply and Demand for Different Education Groups Problems seem to be Higher for the Intermediate Education Groups
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