Eckwert, Bernhard; Zilcha, Itzhak - Econometric Society - 2004
inequality. The paper uses the framework of an OLG economy with endogenous investment in human capital. Agents in each generation … differ by random individual ability, or talent, which realizes in the second period of life. The human capital of an agent … screening, affects the co-movements of indicators for income inequality and human capital accumulation …