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Age-Specific Education Inequality, Education Mobility and Income Growth

Crespo Cuaresma, Jesus and K.C., Samir and Sauer, Petra (2013) Age-Specific Education Inequality, Education Mobility and Income Growth. WWWforEurope, 6. European Commission, bmwfw, Vienna.

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Abstract

We construct a new dataset of inequality in educational attainment by age and sex at the global level. The comparison of education inequality measures across age groups allows us to assess the effect of inter-generational education attainment trends on economic growth. Our results indicate that countries which are able to reduce the inequality of educational attainment of young cohorts over time tend to have higher growth rates of income per capita. This effect is additional to that implied by the accumulation of human capital and implies that policies aiming at providing broad-based access to schooling have returns in terms of economic growth that go beyond those achieved by increasing average educational attainment. (authors' abstract)

Item Type: Paper
Additional Information: The authors would like to thank Wolfgang Fengler and the participants in two Area Meetings of the "Welfare, Wealth and Work for Europe" project for very helpful comments on earlier drafts of this paper. The authors acknowledge funding from the European Community's Seventh Framework Programme FP7/2007-2013 under grant agreement 290647, "Welfare, Wealth and Work for Europe".
Keywords: Human capital / education inequality / age structure / economic growth
Classification Codes: JEL I24, I25, O50
Divisions: Departments > Volkswirtschaft > Makroökonomie
Forschungsinstitute > Human Capital and Development
Kompetenzzentren > Nachhaltigkeit
Depositing User: Elena Simukovic
Date Deposited: 23 Nov 2015 14:04
Last Modified: 23 Nov 2015 14:04
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/67564/
URI: http://epub.wu.ac.at/id/eprint/4716

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