Note on Schooling and Wage Inequality in the Public and Private Sector

Note on Schooling and Wage Inequality in the Public and Private Sector PDF Author: Harry Anthony Patrinos
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

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Note on Schooling and Wage Inequality in the Public and Private Sector

Note on Schooling and Wage Inequality in the Public and Private Sector PDF Author: Harry Anthony Patrinos
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

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Book Description


Critical Perspectives on Economics of Education

Critical Perspectives on Economics of Education PDF Author: Silvia Mendolia
Publisher: Taylor & Francis
ISBN: 1000588688
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book brings together leading scholars in the field to provide insights on economics of education. The book begins with an overview of education and human capacity development and looks at the production of education through individuals’ learning, education financing, and the role of individual circumstances. It also analyses the complex relationship between education and mobility and highlights what key challenges for education systems in a global world are. Each chapter provides detailed analysis of interesting and policy-relevant topics in the fields of education economics and human capacity development. This book is a useful reference for those who wish to understand the changing landscape and models of higher education in the context of digital advances and innovation. It will also be of interest to those in the areas of education and training.

Income Inequality and Education Revisited

Income Inequality and Education Revisited PDF Author: Mr.David Coady
Publisher: International Monetary Fund
ISBN: 1484302133
Category : Business & Economics
Languages : en
Pages : 23

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Book Description
This paper presents new results on the relationship between education expansion and income inequality. While human capital theory suggests that income inequality increases with inequality of education outcomes, the expected relationship between income inequality and the level of education is ambiguous. Consistent with these theoretical priors, when dynamic panel estimation techniques are used to address issues of persistence and endogeneity we find a large, positive, statistically significant and stable relationship between education inequality and income inequality, especially in emerging and developing economies and among older age cohorts. The relationship between income inequality and education levels is positive but small and not always statistically significant, but we find a statistically significant negative relationship with schooling levels of younger cohorts. Statistical tests indicate that our dynamic estimators are consistent and that our identifying instruments are valid. Policy simulations suggest that education expansion will continue to be inequality reducing but that this role will diminish as countries develop.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality PDF Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Public and Private Provision of Education and Income Inequality

Public and Private Provision of Education and Income Inequality PDF Author: Itzhak Zilcha
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 84

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Relational Inequalities

Relational Inequalities PDF Author: Donald Tomaskovic-Devey
Publisher: Oxford University Press, USA
ISBN: 0190624426
Category : Social Science
Languages : en
Pages : 305

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Book Description
Organizations are the dominant social invention for generating resources and distributing them. Relational Inequalities develops a general sociological and organizational analysis of inequality, exploring the processes that generate inequalities in access to respect, resources, and rewards. Framing their analysis through a relational account of social and economic life, Donald Tomaskovic-Devey and Dustin Avent-Holt explain how resources are generated and distributed both within and between organizations. They show that inequalities are produced through generic processes that occur in all social relationships: categorization and their resulting status hierarchies, organizational resource pooling, exploitation, social closure, and claims-making. Drawing on a wide range of case studies, Tomaskovic-Devey and Avent-Holt focus on the workplace as the primary organization for generating inequality and provide a series of global goals to advance both a comparative organizational research model and to challenge troubling inequalities.

Education, Productivity, and Inequality

Education, Productivity, and Inequality PDF Author: John B. Knight
Publisher: World Bank
ISBN: 9780195208047
Category : Business & Economics
Languages : en
Pages : 466

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Book Description
The relationship between resources devoted to education and the economy of developing nations is explored. The research seeks to understand if and how investment in education translates into increased economic growth and labor productivity. Additionally, the function of education in reducing various dimensions of economic inequality is examined. The two East African nations that are the study's focus, Kenya and Tanzania, have similar levels of income, but they differ markedly in their public policy toward the provision of secondary education and thus in the educational attainment of the labor force. The research findings provide strong backing for the human capital paradigm: educational expansion is shown to raise labor productivity. The results also show that making education less scarce diminishes inequality in access to education and in income. Numerous figures and tables of data appear throughout this volume; a list of 170 references is included. (DB)

Combating Inequality

Combating Inequality PDF Author: Alexander Gallas
Publisher: Routledge
ISBN: 1317423860
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
Economic inequality has recently gained considerable academic attention. However, two important aspects of inequality have not been discussed systematically: its multidimensional nature and the question of what can be done to reverse it. This book offers insights from scholars representing the Global Labour University, which operates in Brazil, Germany, India, South Africa and the US. They analyse the various drivers of inequality, assess policy responses, and discuss counterstrategies. The main findings of this book are that rising levels of inequality cannot be addressed only with the standard policies responses, namely education, redistribution and ‘green growth’. In addition, the way markets currently function needs to be corrected. The chapters in this volume focus on specific fields of contemporary capitalism where important drivers of inequality are located, for example, the labour market; the financial system; the tax system; multi-national corporations; and gender relations. Other chapters discuss in detail where political opportunities for change lie. They critically assess existing countermeasures; the idea of a ‘green economy’ and its implications for inequality; and existing campaigns by trade unions and new social movements against inequality. In line with the global nature of the problem, this book contains case studies on countries both from the north and south with considerable economic and political weight. This book provides academics, political practitioners and civil society activists with a range of ideas on how to drive back inequality. It will be of interest to those who study political economy, development economy and labour economics.

Whither Opportunity?

Whither Opportunity? PDF Author: Greg J. Duncan
Publisher: Russell Sage Foundation
ISBN: 1610447514
Category : Education
Languages : en
Pages : 573

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Book Description
As the incomes of affluent and poor families have diverged over the past three decades, so too has the educational performance of their children. But how exactly do the forces of rising inequality affect the educational attainment and life chances of low-income children? In Whither Opportunity? a distinguished team of economists, sociologists, and experts in social and education policy examines the corrosive effects of unequal family resources, disadvantaged neighborhoods, insecure labor markets, and worsening school conditions on K-12 education. This groundbreaking book illuminates the ways rising inequality is undermining one of the most important goals of public education—the ability of schools to provide children with an equal chance at academic and economic success. The most ambitious study of educational inequality to date, Whither Opportunity? analyzes how social and economic conditions surrounding schools affect school performance and children’s educational achievement. The book shows that from earliest childhood, parental investments in children’s learning affect reading, math, and other attainments later in life. Contributor Meredith Phillip finds that between birth and age six, wealthier children will have spent as many as 1,300 more hours than poor children on child enrichment activities such as music lessons, travel, and summer camp. Greg Duncan, George Farkas, and Katherine Magnuson demonstrate that a child from a poor family is two to four times as likely as a child from an affluent family to have classmates with low skills and behavior problems – attributes which have a negative effect on the learning of their fellow students. As a result of such disparities, contributor Sean Reardon finds that the gap between rich and poor children’s math and reading achievement scores is now much larger than it was fifty years ago. And such income-based gaps persist across the school years, as Martha Bailey and Sue Dynarski document in their chapter on the growing income-based gap in college completion. Whither Opportunity? also reveals the profound impact of environmental factors on children’s educational progress and schools’ functioning. Elizabeth Ananat, Anna Gassman-Pines, and Christina Gibson-Davis show that local job losses such as those caused by plant closings can lower the test scores of students with low socioeconomic status, even students whose parents have not lost their jobs. They find that community-wide stress is most likely the culprit. Analyzing the math achievement of elementary school children, Stephen Raudenbush, Marshall Jean, and Emily Art find that students learn less if they attend schools with high student turnover during the school year – a common occurrence in poor schools. And David Kirk and Robert Sampson show that teacher commitment, parental involvement, and student achievement in schools in high-crime neighborhoods all tend to be low. For generations of Americans, public education provided the springboard to upward mobility. This pioneering volume casts a stark light on the ways rising inequality may now be compromising schools’ functioning, and with it the promise of equal opportunity in America.

Human Capital and Gender Inequality in Middle-Income Countries

Human Capital and Gender Inequality in Middle-Income Countries PDF Author: Elizabeth M. King
Publisher: Taylor & Francis
ISBN: 1000641031
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
The role of cognitive and socioemotional skills alongside education in determining people’s success in the labour market has been the topic of a growing body of research - but previous studies have mostly missed middle-income countries and the developing world because measures of those skills and data on employment and earnings on large enough samples of adults have typically not been available. Using comparable survey data on these schooling, skills and labour market outcomes from 13 developing and emerging economies worldwide, this book revisits human capital and gender inequality models. It presents new estimates of the returns to different levels of schooling as well as cognitive and socioemotional skills for women and men. It examines whether those returns are due to levels of human capital or to structural bias in labour markets, and how these two factors work across the earnings spectrum. The book examines the existence of 'glass ceilings' and 'sticky floors' for women using this expanded measure of human capital. Further, by analyzing a group of countries of wide-ranging levels of economic development and socio-political contexts, the book reveals patterns and insights into how context mediates the relationship between skills and gender gaps in labour market outcomes. This book will be of interest to scholars of human capital and gender inequality in the labour market and development economics, as well as gender and development policy makers.