摘要:We identify a negative relationship between teachers' wage and regional income in the Brazilian data. To explain this
fact, we propose a general equilibrium model where workers' decision are distorted due to market frictions and
teachers' quality is calculated endogenously as an input for the formation of human capital. Our model is calibrated to
Brazilian scenario, matching data and closely reproducing share of workers and the average wage for each state and
occupation. Our benchmark economy suggests that there is a misallocation of workers in the Brazilian economy and a
reallocation of high skilled workers to teachers' occupation could increase GDP due to a multiplicative effect of
teachers' human capital. We also find that the outside options to teachers' career in less developed states are worst
than in richer states. This contributes to higher talented workers to choose the teacher's career in poorer states.