HOW DO ELEMENTARY AND HIGHER EDUCATION AFFECT HUMAN CAPITAL ACCUMULATION AND INEQUALITY? A NOTE

被引：7
|
作者：
Nakajima, Tetsuya [1 ]
Nakamura, Hideki [1 ]
机构：
[1] Osaka City Univ, Fac Econ, Sumiyoshi Ku, Osaka 5588585, Japan
来源：
MACROECONOMIC DYNAMICS | 2012年 / 16卷 / 01期
关键词：
Elementary Education; Higher Education; Price of Education; Inequality; INCOME-DISTRIBUTION; ENDOGENOUS GROWTH; MACROECONOMICS; PRIVATE;
D O I：
10.1017/S1365100511000770
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We clarify the different effects of elementary and higher education on human capital accumulation and inequality. The productivity of elementary education plays a significant role in the widening of inequality regardless of the existence of multiple steady states. When the productivity of elementary education is low, the poor cannot afford higher education in the long run because the demand for education by the rich makes the price of education too high for the poor. However, the effect of its productivity on the attainable education level is ambiguous. A rise in the productivity of higher education always increases the education level.
引用
收藏
页码：151 / 158
页数：8
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