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for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
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equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … factor in reducing educational inequality and thus income inequality. Public policies that improve social benefits and price … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality …
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