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The analysis of the optimal funding of education is complicated by the numerous and serious market failures which are … likely to characterize a free market for education. Prominent amongst these are the likely external benefits of education …
Persistent link: https://www.econbiz.de/10005625487
In the current debate on the relationship between inequality in income distribution and growth one of the possible link … works through the access to education. After reviewing this debate, a formal model shows how the imperfection of financial … distribution; and a positive dependence on public resources invested in education and/or on skill premium in the labour market …
Persistent link: https://www.econbiz.de/10005776020
Persistent link: https://www.econbiz.de/10005033235
In this paper we propose to measure the inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements.
Persistent link: https://www.econbiz.de/10005625521
demand. In addition, we examine the effective tax rates in India and find that while investment taxes barely fluctuated … negative effect of increasing labour income taxes on growth. Our result suggests that any emerging country that aims to … investment market frictions did not play a significant role, though increased government consumption aided growth by propping up …
Persistent link: https://www.econbiz.de/10005001227
the role of (income) inequality in poverty reduction. The evidence involves both an indirect channel via the tendency of … high inequality to decrease the rate at which income is transformed to poverty reduction and the tendency of rising … headcount measure of poverty as the dependent variable and the Gini coefficient and PPP-adjusted mean income as explanatory …
Persistent link: https://www.econbiz.de/10008672349
main household income diversification and risk coping strategies. IV estimates show, somewhat surprisingly, that mother …?s migration has a positive effect on early cognitive development. We attribute these findings to changes in income and to the …
Persistent link: https://www.econbiz.de/10005001245
Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it should dispropo
Persistent link: https://www.econbiz.de/10008493684
income during the 1970s and 1980s. …
Persistent link: https://www.econbiz.de/10005475017
income and, additionally, deals with measures of disparity and deprivation in the more expanded domain of capabilities and … of income inequality, deals with preliminary concepts and definitions; a visual representation of inequality (the Lorenz … section advances the rationale for a more comprehensive assessment of human wellbeing than is afforded by the income …
Persistent link: https://www.econbiz.de/10005031687