The Effect of Public Education on the Long-Run Income Distribution

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Author(s)

Abstract

We consider public education provided obligatorily and equally for all individuals. It is usually said that compulsory public education ensures an equal opportunity of education for all individuals and contributes to human capital formation. We will discuss how the introduction of public education affects human capital accumulation and income distribution among heterogeneous individuals in an overlapping generation model. Particularly, we discuss those effects on the long-run equilibrium of individual human capital, considering the threshold effects of human capital stock.

Journal

  • Okayama economics review

    Okayama economics review 31(2), 223-246, 1999-09

    岡山大学経済学会

Codes

  • NII Article ID (NAID)
    110000130011
  • NII NACSIS-CAT ID (NCID)
    AN00032897
  • Text Lang
    ENG
  • Article Type
    journal article
  • Journal Type
    大学紀要
  • ISSN
    03863069
  • NDL Article ID
    4845143
  • NDL Source Classification
    ZD11(経済--経済学)
  • NDL Call No.
    Z3-940
  • Data Source
    NDL  NII-ELS  IR 
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