De la Croix, David (contributor); … - 2001 - [Elektronische Ressource]
capital. Assuming that we identify
human capital with education, future human capital is a weighted average of the ed-
ucation … higher inequality will accu-
mulate less human capital, and therefore grow slower.
We develop a growth model which captures … fertility differentials,
accumulate less human capital, and have a lower rate of economic growth. A cali-
brated version of our …