Sorting and long-run inequality

被引:120
|
作者
Fernández, R
Rogerson, R
机构
[1] NYU, New York, NY 10012 USA
[2] CEPR, London, England
[3] NBER, Cambridge, MA 02138 USA
[4] Arizona State Univ, Tempe, AZ 85287 USA
来源
QUARTERLY JOURNAL OF ECONOMICS | 2001年 / 116卷 / 04期
基金
美国国家科学基金会;
关键词
D O I
10.1162/003355301753265589
中图分类号
F [经济];
学科分类号
02 ;
摘要
Many social commentators have raised concerns over the possibility that increased sorting in society may lead to greater inequality. To investigate this, we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to match several basic empirical findings. We find that increased sorting will significantly increase income inequality. Four factors are important to our findings: a negative correlation between fertility and education, a decreasing marginal effect of parental education on children's years of education, wages that are sensitive to the relative supply of skilled workers, and borrowing constraints that affect educational attainment for some low-income households.
引用
收藏
页码:1305 / 1341
页数:37
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