Determining factors that influence the achievement of the educational level of women in Peru 2022
Keywords:
Delinquency , delinquency rate, collection management, financial educationAbstract
The main objective of this research study is to examine the determining factors that influence the educational level of women in Peru during the year 2022. For this purpose, the hypothetico-deductive method with a quantitative approach was employed and an ordered logit model was used for the estimation because it has the lowest value of the Akaike and Bayesian information criteria compared to an ordered probit model. The main factors considered were teenage pregnancy, number of children, age at first birth, area of residence, age of women, literacy and mother tongue. The information used comes from secondary sources and was obtained from the 2022 Demographic and Family Health Survey. The results indicate that variables such as age at first child, literacy, area and mother tongue increase the probability of belonging to the highest educational level categories (non-university, university and postgraduate), while teenage pregnancy, age and number of children increase the probability of belonging to the lowest educational level categories (preschool, primary and secondary). All these results are significant at 1 percent significance.