Estimates of the effect of education on GDP (the social return to education) have been hard to reconcile with micro … human capital is negatively related to its return, and a higher education level compresses wage differentials. We use cross …-country panel data on income inequality to estimate the private return and GDP data to estimate the social return. The results show …

whole and reduces inequality within workers. Finally, the model shows that education leads to multiple equilibria and it … education. First, the role of education in skill formation is considered and it is shown that an expansion in education will … workers to capitalists. Second, the model is extended analyze the broader political economic consequences of education on …

This Paper examines the interactions between household matching, inequality, and per capita income. We develop a model … the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … initial conditions. The degree of marital sorting, wage inequality, per capita income and fertility differentials are …

This paper analyses the pre-tax inequality in the income that individuals actually receive in Brazil and the role of … inequality in Brazil but maintain the decreasing inequality trends, even though they are less pronounced than previously measured …

Shakespeare, this paper examines the relations between poverty levels, economic growth and changes in inequality in Tanzania …

social equality. Following such shifts, increases (decreases) in government interventions lower (raise) both inequality and … growth. This mechanism generates a positive co-movement between inequality and growth. The pattern is weaker in countries …

inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …

in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …

strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …

possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the …