Human capital inequality, life expectancy and economic growth

This article presents a model in which inequality affects per capita income when individuals decide to invest in education taking into account their life expectancy, which depends to a large extent on the human capital of their parents. Our results show the existence of multiple steady states depend...

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Veröffentlicht in:The Economic journal (London) 2008-04, Vol.118 (528), p.653-677
Hauptverfasser: Castelló-Climent, Amparo, Doménech, Rafael
Format: Artikel
Sprache:eng
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