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In this paper education simultaneously affects growth and income inequality. More education does not necessarily … information on the nonlinear relationship between growth and education. … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and …
Persistent link: https://www.econbiz.de/10010266863
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 of human capital it is shown that a less efficient schooling technology … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10011409838
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10010262486
. The quantity and quality are jointly set by a government agency wishing to maximize the quality of basic education per … stages of education: basic and advanced (college), the latter being required of teachers. The cost of hiring teachers is … strengthens in the process of endogenous growth and moreover that it pushes the optimal trade-off between quantity and quality of …
Persistent link: https://www.econbiz.de/10010264532
. The quantity and quality are jointly set by a government agency wishing to maximize the quality of basic education per … stages of education: basic and advanced (college), the latter being required of teachers. The cost of hiring teachers is … strengthens in the process of endogenous growth and moreover that it pushes the optimal trade-off between quantity and quality of …
Persistent link: https://www.econbiz.de/10003806054
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10011401091
years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example …, global growth is likely to slow and become increasingly dependent on knowledge and technology, while the economic costs of …
Persistent link: https://www.econbiz.de/10010374491
model education simultaneously affects growth and income inequality. More human capital may increase or decrease growth but … productivity of the education sector may affect long-run income equality and growth in a positive way …This paper offers a supply-side explanation of the variation in long-run growth and inequality across countries. In the …
Persistent link: https://www.econbiz.de/10013216937
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10013321003
We analyze the interaction between human capital and growth in Russia, where there are substantial human capital … reserves but an education system seriously out of sync with the world economy. We define a rule for the timing of educational … delayed significantly. Moreover, a precipitous move toward putting public education on a self-financing basis is likely to be …
Persistent link: https://www.econbiz.de/10014072630