We examine the extent to which education is a main determinant of affluence in Brazil. We focus on workers in the top 1 … main conclusion is that while education may be important to explain total inequality, there is no evidence that mass … education is a major factor explaining the differences between the rich and the rest of the population. Not even elite education …

Publicly provided education is both an important public expenditure and a relevant in-kind transfer, often to the … poorest households. This paper compares three methods to value education services and their distributive impact. The methods … are: i) The first method is cost of provision, according to which education is worth what it costs the state to provide it …