that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible … helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short …

to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … recent stylized facts on growth, distribution and education for the US. …

-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …A simple classical-Marxian model of growth and distribution is developed in which education transforms low …