The price of education and inequality
AbstractConstructing a simple model that includes the price of education, this paper shows that the educational expenditure of rich households could prevent poor households from escaping poverty. The paper offers an explanation for persistent inequality.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 105 (2009)
Issue (Month): 2 (November)
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Web page: http://www.elsevier.com/locate/ecolet
Education Inequality Trickle-down;
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