Arbeitspapier
(Re)Distribution of personal incomes, education and economic performances across countries
In many OECD countries income inequality has risen, but surprisingly redistribution has as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology requires more resources, which lowers pretax and posttax income inequality as well as growth. Using consistently defined income data from the Luxembourg Income Study suggests that there is a negative relationship between growth and income inequality in rich countries. It is argued that using some unadjusted inequality measures in growth regressions may yield estimates that are biased upwards. The evidence suggests that a rich country would raise growth with lower pretax and posttax inequality if it spent more on education. – growth ; redistribution ; inequality ; education
- ISBN
-
9291901911
- Sprache
-
Englisch
- Erschienen in
-
Series: WIDER Discussion Paper ; No. 2002/34
- Klassifikation
-
Wirtschaft
- Thema
-
Einkommensverteilung
Einkommensumverteilung
Öffentliche Bildungsausgaben
Bildungswesen
Lebensstandard
Wirtschaftswachstum
Schätzung
Theorie
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Rehme, Günther
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Rehme, Günther
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2002