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Income Inequality and Educational Attainment Rates: The New York Story

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  • Ali R. Cannoni
  • James J. Jozefowicz

Abstract

This paper examines the relationship between changes in income inequality and educational attainment rates in New York counties during the 1990s. The dependent variable is the change in the Gini coefficient over the decade. The independent variables include the Gini coefficient for 1990, educational attainment rates at the high school, bachelor's degree, and graduate/professional levels, the natural logarithm of population density in the county, real public educational expenditures in the county for several years preceding the 1990s, and an index of racial diversity in the county in 1990. Results of OLS regressions suggest that county population density, and educational attainment rates at the bachelor's and graduate degree levels are associated with increases in county income inequality over time. Alternatively, the initial level of income inequality and the high school attainment rate are associated with decreases in income inequality over time in New York counties.

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Bibliographic Info

Article provided by New York State Economics Association (NYSEA) in its journal New York Economic Review.

Volume (Year): 39 (2008)
Issue (Month): 1 ()
Pages: 28-43

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Handle: RePEc:nye:nyervw:v:39:y:2008:i:1:p:28-43

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  1. Clarke, George R. G., 1995. "More evidence on income distribution and growth," Journal of Development Economics, Elsevier, vol. 47(2), pages 403-427, August.
  2. David N. Weil, 2005. "Accounting for the Effect of Health on Economic Growth," NBER Working Papers 11455, National Bureau of Economic Research, Inc.
  3. Ahluwalia, Montek S., 1976. "Inequality, poverty and development," Journal of Development Economics, Elsevier, vol. 3(4), pages 307-342, December.
  4. Tinbergen, Jan, 1972. "The Impact of Education on Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 18(3), pages 255-65, September.
  5. Ram, Rati, 1984. "Population increase, economic growth, educational inequality, and income distribution : Some recent evidence," Journal of Development Economics, Elsevier, vol. 14(3), pages 419-428, April.
  6. Papanek, Gustav F. & Kyn, Oldrich, 1986. "The effect on income distribution of development, the growth rate and economic strategy," Journal of Development Economics, Elsevier, vol. 23(1), pages 55-65, September.
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