Abstract

the accumulation of human capital through mass obtainment of higher professional education appeared as the consequence of rather significant gap in salaries level of educated specialists and employees without higher education. The article reviews such problems as the role of education in the present-day world, its significance as the foundation of human capital accumulation. The goals that households set before the system of school education are revealed on the basis of sociological data. Educational strategies of school children in connection with their opportunities of successful overcoming of Unified State Examination are explored. The assumptions concerning educational strategies alterations are made on the basis of conducted analysis and statistic data, which revealed the tendency of converging salaries of employees who received higher education with salary level of employees who received secondary professional education.

Highlights

  • With respect to the economic crisis and high unemployment levels, living conditions, poverty and inequality research attracts attention from researchers from different disciplines

  • The estimation results of the spatial Durbin model and the quantification of the explanatory variables on the at-risk-of-poverty rates are presented

  • Model Estimation In order to discriminate between the unrestricted spatial Durbin model and the spatial error model, i.e. between substantive and residual dependence, a likelihood ratio test is used

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Summary

Introduction

With respect to the economic crisis and high unemployment levels, living conditions, poverty and inequality research attracts attention from researchers from different disciplines. The assessment of well-being for poverty analyses is usually based on two main conceptual approaches: the welfarist approach and the non-welfarist approach [5]. A lack of command over commodities measured by low income or consumption is the working definition of poverty in terms of the welfarist conceptual approach [6]. The non-welfarist approach recognizes two basic concepts: the basic needs concept linked to A. The measurement of well-being following the welfarist approach is based on proxies, such as income, consumption or expenditure data, and following the non-welfarist approach it is based on proxies such as material deprivation [9]

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