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, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality …. Moreover, we find that the impact of slavery on current income inequality is determined by racial inequality. We test three … alternative channels of transmission between slavery and inequality: a land inequality theory, a racial discrimination theory and …
Persistent link: https://www.econbiz.de/10013135634
slave states. -- slavery ; development ; inequality ; institutions ; education …, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality …. Moreover, we find that the impact of slavery on current income inequality is determined by racial inequality. We test three …
Persistent link: https://www.econbiz.de/10009303446
We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children, such that the evolution of inequality is … education of their children, which partially crowds out bequests and thereby reduces inequality in the short run. The better …
Persistent link: https://www.econbiz.de/10011439653
We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children, such that the evolution of inequality is … education of their children, which partially crowds out bequests and thereby reduces inequality in the short run. The better …
Persistent link: https://www.econbiz.de/10011753304
We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children such that inequality is driven by … bequests. Once a certain income threshold is surpassed, the rich start to invest in higher education of their children, which …
Persistent link: https://www.econbiz.de/10011555353
prices, tuition, and education quality over time, and average learning ability across cohorts. A version of the model with …
Persistent link: https://www.econbiz.de/10011186227
prices, tuition, and education quality over time, and average learning ability across cohorts. A version of the model with …
Persistent link: https://www.econbiz.de/10010894991
heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education …
Persistent link: https://www.econbiz.de/10011878853
We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children, such that the evolution of inequality is … education of their children, which partially crowds out bequests and thereby reduces inequality in the short run. The better …
Persistent link: https://www.econbiz.de/10011439186
heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education …
Persistent link: https://www.econbiz.de/10011582297