Arbeitspapier

Education, economic growth and measured income inequality

In this paper education simultaneously affects growth and income inequality. More education does not necessarily decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional relationship between growth and measured income inequality. The model identifies regimes of this relationship which depend crucially on the production and schooling technology. Conventional growth regressions with human capital and inequality as regressors may miss the richness of the underlying nonlinearities, but viewed as approximations may still provide important information on the nonlinear relationship between growth and education.

Sprache
Englisch

Erschienen in
Series: Darmstadt Discussion Papers in Economics ; No. 163

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Thema
Education
Growth
Inequality
Policy
Wirtschaftswachstum
Einkommensverteilung
Bildung
Humankapital
Hochqualifizierte Arbeitskräfte
Gini-Koeffizient
Lorenz-Kurve
Theorie

Ereignis
Geistige Schöpfung
(wer)
Rehme, Günther
Ereignis
Veröffentlichung
(wer)
Technische Universität Darmstadt, Department of Law and Economics
(wo)
Darmstadt
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Rehme, Günther
  • Technische Universität Darmstadt, Department of Law and Economics

Entstanden

  • 2006

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