Education cost, intergenerational mobility, and income inequality |
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| Authors: | Tamotsu Nakamura Yu Murayama |
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| Institution: | a Graduate School of Economics, Kobe University, Japanb Faculty of Economics, Oita University, Japan |
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| Abstract: | Using a modified version of the Maoz and Moav Maoz, Y. D. and Moav, O., 1999. Intergenerational mobility and the process of development. Economic Journal 109(458) 677-697] model, we show that the dynamics of income inequality and intergenerational mobility, and the effects of technological changes on inequality, depend crucially on the share of education cost in income. |
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| Keywords: | J62 D30 I22 |
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