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 …

This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …

The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that … of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital … accumulation. On the one side, education prompts economic growth and enriches the budget of the autocratic elite. On the other side …