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Human Capital and Income Inequality: Some Facts and Some Puzzles

Castelló-Climent, Amparo; Doménech, Rafael - Institut d'Economia Internacional (IEI), Universitat Jaume I - 2012

Using a broad number of indicators from an updated data set on human capital inequality for 146 countries from 1950 to … 2010, this paper documents several facts regarding the evolution of income and human capital inequality. The main findings … reveal that, in spite of a large reduction in human capital inequality around the world driven by a decline in the number of …

Persistent link: https://www.econbiz.de/10010592025

The Role of Educational Quality and Quantity in the Process of Economic Development

Castelló-Climent, Amparo; Hidalgo-Cabrillana, Ana - Centre for Economic Performance, LSE - 2011

We develop a theory of human capital investment to study the channels through which students react to school quality when deciding on investments in secondary education and above, and to study how educational quality affects economic growth. In a dynamic general equilibrium closed economy,...

Persistent link: https://www.econbiz.de/10009359510

Quality and quantity of education in the process of development

Castelló-Climent, Amparo; Hidalgo-Cabrillana, Ana - Departamento de Economía, Universidad Carlos III de Madrid - 2010

We develop a theory of human capital investment to study through which channels students react to school quality when deciding about their investment in higher education (secondary and above) and how educational quality affects the growth process of an economy. In a dynamic general equilibrium...

Persistent link: https://www.econbiz.de/10008672251

The role of educational quality and quantity in the process of economic development

Castelló-Climent, Amparo; Hidalgo-Cabrillana, Ana - In: Economics of Education Review 31 (2012) 4, pp. 391-409

We develop a theory of human capital investment to study the effects of school quality on student choices of education, and to understand its effect on economic growth. In a dynamic general equilibrium closed economy, primary education is mandatory but there is an opportunity to continue to...

Persistent link: https://www.econbiz.de/10011049012

Tertiary Education and Prosperity: Catholic Missionaries to Luminosity in India

Castelló-Climent, Amparo; Chaudhary, Latika; … - 2015

This paper estimates the causal impact of tertiary education on luminosity across Indian districts. We address the potential endogeneity of tertiary education using the location of Catholic missionaries in 1911 as an instrument for current tertiary education. We find Catholic missionaries have a...

Persistent link: https://www.econbiz.de/10011401722