We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …

nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went …

A simple classical-Marxian model of growth and distribution is developed in which education transforms low … who only receive wage income into one in which education and human capital play a major role. We show than an expansion in … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

services sectors. By putting in place the right fundamentals, such as a well-designed and inclusive education system, efficient …

education and associated years of schooling have expanded substantially in developing countries in recent years. But has this … improvements in the access to the education system and in educational outcomes across the welfare distribution between and within … schooling years. We find great heterogeneity in the distribution of progress of education, with very little pro-poor progress in …