The price of education and inequality
Constructing a simple model that includes the price of education, this paper shows that the educational expenditure of rich households could prevent poor households from escaping poverty. The paper offers an explanation for persistent inequality.
Year of publication: |
2009
|
---|---|
Authors: | Nakajima, Tetsuya ; Nakamura, Hideki |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 105.2009, 2, p. 183-185
|
Publisher: |
Elsevier |
Subject: | Education Inequality Trickle-down |
Saved in:
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