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endowments of the factors that complement the schooling process. The paper explores the relationship between inequality of … opportunities, inequality of outcomes, and aggregate efficiency in human capital formation. Using numerical solutions we study how … meanpreserving spread and a change in the support. The results suggest that a higher degree of inequality of opportunities is …
Persistent link: https://www.econbiz.de/10005650580
endowments of the factors that complement the schooling process. The paper explores the relationship between inequality of … opportunities, inequality of outcomes, and aggregate efficiency in human capital formation. Using numerical solutions we study how … meanpreserving spread and a change in the support. The results suggest that a higher degree of inequality of opportunities is …
Persistent link: https://www.econbiz.de/10005597704
design of policies to reduce inequality and promote economic growth. However, there is a lack of empirical evidence on which … interdependencies between nine different categories of social spending, inequality and growth in 36 OECD countries over the period 1995 …-2017. According to the results of our work, based on a PVAR model, achieving a decrease in inequality without decreasing output growth …
Persistent link: https://www.econbiz.de/10015051452
So-called "uphill capital flows", i.e. flows of physical capital from relatively poor to rich countries, are a new phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and physical capital to study the interaction of international...
Persistent link: https://www.econbiz.de/10012696550
Persistent link: https://www.econbiz.de/10012424791
Persistent link: https://www.econbiz.de/10012498991
Persistent link: https://www.econbiz.de/10012505474
Persistent link: https://www.econbiz.de/10012434548
The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among … observed and are associated with income inequality, poverty, economic growth, public educational expenditures and assortative …
Persistent link: https://www.econbiz.de/10011714448
Persistent link: https://www.econbiz.de/10011885982