equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality … make both income and education distribution more unequal. Using the calibration of empirical results, we find that we can …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

market level, i.e. rising income inequality overall as well as within and between education groups. -- Income inequality …

, and endogenous skill formation. High ability people acquire education and become skilled, those with intermediate …