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Human Capital, Economic Growth, and Inequality in China

Heckman, James J. - 2012

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

Persistent link: https://www.econbiz.de/10012460559

The Economics and Psychology of Inequality and Human Development

Cunha, Flavio - 2009

Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and investments in children are substantial....

Persistent link: https://www.econbiz.de/10012463953

Lessons from Denmark about Inequality and Social Mobility

Heckman, James J.; Landersø, Rasmus - National Bureau of Economic Research - 2021

Many American policy analysts point to Denmark as a model welfare state with low levels of income inequality and high levels of income mobility across generations. It has in place many social policies now advocated for adoption in the U.S. Despite generous Danish social policies, family...

Persistent link: https://www.econbiz.de/10012496096

Inequality in Human Capital and Endogenous Credit Constraints

Hai, Rong - 2016

This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth...

Persistent link: https://www.econbiz.de/10012455681