G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8206
来源IDWorking Paper 8206
Educational Inequality
Yoshiaki Azuma; Herschel I. Grossman
发表日期2001-04-01
出版年2001
语种英语
摘要This paper develops a theoretical model that relates changes in educational inequality to the combined effects of innovations that have increased the relative demand for more educated labor and innovations that have increased ability premiums. Under the assumption that in the long run individual decisions to become more educated equalize the lifetime earnings of more educated workers and comparable less educated workers, our model yields two novel implications: First, given the existence of ability premiums, an innovation in the relative demand for more educated labor increases educational inequality in the short run, but, ceteris paribus, would decrease educational inequality in the long run. Second, in the long run innovations that increase ability premiums cause educational inequality to be larger than otherwise. In applying our theory to recent changes in educational inequality in the United States, we suggest that increases in ability premiums are dampening the long-run response of the relative supply of more educated workers that otherwise would reverse previous increases in educational inequality.
主题Microeconomics ; Market Structure and Distribution ; Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w8206
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565804
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GB/T 7714
Yoshiaki Azuma,Herschel I. Grossman. Educational Inequality. 2001.
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