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In many OECD countries income inequality has risen, but surprisingly re-distribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...
Persistent link: https://www.econbiz.de/10011653025
This paper offers a supply-side explanation of the variation in long-run growth and inequality across countries. In the model education simultaneously affects growth and income inequality. More human capital may increase or decrease growth but also measured inequality. In contrast to some recent...
Persistent link: https://www.econbiz.de/10011653026
In this paper education simultaneously affects growth and income inequality. More education does not necessarily decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and then decrease growth as well as income inequality, when...
Persistent link: https://www.econbiz.de/10010266863
In many OECD countries income inequality has risen, but surprisingly redistribution has as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given...
Persistent link: https://www.econbiz.de/10010279047
In this paper education simultaneously affects growth and income inequality. More education does not necessarily decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and then decrease growth as well as income inequality, when...
Persistent link: https://www.econbiz.de/10010335457
Persistent link: https://www.econbiz.de/10001389425
Persistent link: https://www.econbiz.de/10011498650
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...
Persistent link: https://www.econbiz.de/10011409838
Persistent link: https://www.econbiz.de/10012030197
Persistent link: https://www.econbiz.de/10011580310