Macro to micro: determining the impacts of inflation on school attendance

dc.contributor.advisorCapuno, Joseph J.
dc.contributor.advisorJandoc, Karl Robert L.
dc.contributor.authorJimenez, Rafaela Gabrielle P.
dc.contributor.authorSee, Sarah Adrienne K.
dc.date.accessioned2024-09-10T12:24:29Z
dc.date.available2024-09-10T12:24:29Z
dc.date.issued2019-05-28
dc.description.abstractThis paper aims to determine whether or not inflation has a significance effect on school attendance of children from ages 3 to 17 years old. Moreover, we want to decipher the personal factors that affect school attendance of a child. We also want to prove that inflation has a negative impact on the school attendance. With this, the study aims to shed light on public policy and government programs that will improve school attendance and aid literacy and enrollment that are connected with human capital development in the Philippines. Using the Linear Probability Model, Logistic Regression Model, and Probit Model, we see that an increase in inflation results to a decrease in school attendance by 1.01 percent, 0.9 percent and 0.93 percent, respectively. Throughout the models, we observe that the impact of inflation on school attendance is consistently negative and statistically significant at 1 percent level. Even when other controlled variables such as the child characteristics, household head characteristics, and socio-demographic variables were taken into account, the impact of inflation rates still exhibits a negative relationship with school attendance, however, the effect diminishes. We surmise that the effects are captured by the other variables. The inflation rate variable is also interacted with other independent variables like national per capita income decile and the Ahon Pamilyang Pilipino Program (APP). Results reveal that the effect of inflation on school attendance depends on the national per capita income decile and the participation on the APP. When the household is part of the APP, the effect of inflation on school attendance is lesser relative to those who do not belong to the APP. On the other hand, the effect of inflation on school attendance is greater when households belong to the bottom 30% relative to those who belong to the upper 70%. Our findings also show that household characteristics and sociodemographic factors contribute to school attendance. Relative to household heads who have taken up primary education, the probability of a child attending school increases when the household head has taken up secondary level or higher level of education. Relative to a married household head, inflation decreases school attendance when the household head is widowed and divorced or separated with his or her partner.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/337
dc.language.isoen
dc.subjectschool attendance
dc.subjectregional inflation
dc.subjecteducation economics
dc.subjecthuman capital theory
dc.subjectLinear Probability Model
dc.subjectProbit Regression
dc.subjectLogistic Regression
dc.subjectMarginal Effects
dc.titleMacro to micro: determining the impacts of inflation on school attendance
dc.typeThesis

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