Income growth, inequality and preference for education investment: a note
Income growth, inequality and preference for education investment: a note
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收入增长、不平等和教育投资偏好：注释
DOI：
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发表时间：
2009
期刊：
影响因子：
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通讯作者：
Masaya Yasuoka
中科院分区：
文献类型：
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作者：
Minoru Watanabe;Masaya Yasuoka
本文以Glomm和Ravikumar（1992）为基础，描述了收入增长和收入不平等与子女教育投资偏好的关系。使用常数相对风险厌恶（CRRA）效用函数得出的结果不同于使用对数效用函数得出的结果。在CRRA效用函数下，即使以教育投资和父母人力资本投入的规模报酬不变的方式生产人力资本，从长期来看，收入收敛于稳态，收入不平等消失，这是对数效用函数所不能导出的。
Based on Glomm and Ravikumar (1992), this paper described the relation between preferences for educational investment for children and income growth or income inequality. The result derived using the constant relative risk aversion (CRRA) utility function differs from that derived using the log utility function. With the CRRA utility function, even if human capital is produced using constant returns to scale inputted by educational investment and parental human capital, the income converges to the steady state and income inequality vanishes in the long run, which is not derived by the log utility function.
私立教育和积极增长以及缩小收入不平等
DOI：
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发表时间：
2008
期刊：
A Note Economics Bulletin Vol.9(3)
影响因子：
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作者：
Masaya Yasuoka;Tamotsu Nakamura;Megumi Katahira
通讯作者：
Megumi Katahira