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