The Effects of Compulsory Schooling on Growth, Income Distribution and Welfare

The Effects of Compulsory Schooling on Growth, Income Distribution and Welfare
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义务教育对增长、收入分配和福利的影响

DOI:
10.1016/0047-2727(94)90040-x
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发表时间:
1994
影响因子:
9.8
通讯作者:
I. Zilcha
I. Zilcha
中科院分区:
经济学1区
文献类型:
--
作者:
Z. Eckstein;I. Zilcha

文献摘要

被引文献

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在本文中,我们考虑生产资本和人力资本影响劳动力质量的 OLG 模型。每一代父母都会投资于孩子的教育,但忽视其对总生产函数的外部影响。政府对提供义务教育的干预促进了经济增长(沿着均衡路径),同时代内收入分配变得更加平等。此外,从长远来看,每一代的大多数人都因义务教育而生活得更好。
In this paper we consider an OLG model with productive capital and human capital affecting the quality of labor. In each generation parents invest in their children's education but disregard its external effect on the aggregate production function. Government intervention in providing compulsory schooling increases economic growth (along the equilibrium path), while the intragenerational income distribution becomes more equal. Also, in the long run, the majority of individuals in each generation are better off due to compulsory schooling.