Abstract:
Education is a relevant and current issue, since through it positive social changes are possible. Departing from that the aim of this paper it to analyze the educational investment return evolution in Brazil during the 2000s. For this purpose, we used the 2002-2003 and 2008-2009 biennial Household Budget Survey dataset. The aim is to contribute to the understanding of the effects of educational advances in the context of the reduction of income inequality. The results show that the return of education has decreased. In addition, the social differences between skin color, sex and in urban and rural areas remain present.
Keywords:
education; investments; social changes