Author: Raquel Fernández
Publisher:
ISBN:
Category :
Languages : es
Pages : 26

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Book Description

Author: Raquel Fernandez (Ph.D.)
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 26

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Book Description
The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education. We consider the outcome of a process in which income is taxed to provide subsidies for education. and taxes are chosen by majority voting. We characterize the outcome as a function of both the level and the distribution of income in the economy. In particular we derive conditions under which middle income individuals ally themselves with upper income individuals at the expense of lower income individuals, and vice versa. The analysis determines the relationship between human capital accumulation and distribution of income.

Author: Daniel Paul O'Neill
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 268

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Author: Gilberto Tadeu Lima
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Ali Khan
Publisher: JAI Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Monograph essays examining the effects of human capital development on income distribution and economic and social development - discusses poverty measurement, the likely implications of economic growth, effects of guaranteed income on education and educational level, impact of inflation on welfare, etc., develops an economic model incorporating growth and education, and includes case studies. Graphs and references.

Author: Devon Carter
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Income inequality is defined as the unequal distribution of income across households or individuals within an economy. Comparisons are made between the highest earning members of society, the middle class or middle earning groups, and the poorest members to see what percentages of the nation's income are held by these categories of individuals/households. Since 1980, the income gap between the higher and lower earning categories continues to increase in the United States, which causes concern. Some level of income inequality is expected in a capitalist economy and can have constructive influences on economic growth by providing incentives for people to be innovative and to work hard to achieve higher living standards. However, increasing income inequality is also correlated with limited mobility caused by unequal opportunities and changing incentives for the disadvantaged. It is unclear what level of inequality causes more harm than positive effects, or the consequences of rising inequality in the U.S. This paper examines the effects of human capital accumulation on increasing income inequality, specifically how the college skill premium, skill-biased technological progress, and demographic differences in the labor supply contribute to both economic growth and increasing inequality.

Author: Gary Stanley Becker
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 84

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Author: Neri Salvadori
Publisher: Edward Elgar Publishing
ISBN: 9781781008218
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.

Author: Donald J. Harris
Publisher:
ISBN: 9780804709477
Category : Business & Economics
Languages : en
Pages : 313

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Author: Jacob Mincer
Publisher: Edward Elgar Publishing
ISBN: 9781782541554
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
'The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.' - Geraint Johnes, International Journal of Manpower Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.