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Education cost, intergenerational mobility, and income inequality

Author

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  • Nakamura, Tamotsu
  • Murayama, Yu

Abstract

Using a modified version of the Maoz and Moav [Maoz, Y. D. and Moav, O., 1999. Intergenerational mobility and the process of development. Economic Journal 109(458) 677-697] model, we show that the dynamics of income inequality and intergenerational mobility, and the effects of technological changes on inequality, depend crucially on the share of education cost in income.

Suggested Citation

  • Nakamura, Tamotsu & Murayama, Yu, 2011. "Education cost, intergenerational mobility, and income inequality," Economics Letters, Elsevier, vol. 112(3), pages 266-269, September.
    • Handle: RePEc:eee:ecolet:v:112:y:2011:i:3:p:266-269
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    References listed on IDEAS

    as
    1. John Hassler & José Rodríguez Mora & Joseph Zeira, 2007. "Inequality and mobility," Journal of Economic Growth, Springer, vol. 12(3), pages 235-259, September.
    2. Maoz, Yishay D & Moav, Omer, 1999. "Intergenerational Mobility and the Process of Development," Economic Journal, Royal Economic Society, vol. 109(458), pages 677-697, October.
    3. Owen, Ann L. & Weil, David N., 1998. "Intergenerational earnings mobility, inequality and growth," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 71-104, February.
    4. Iyigun, Murat F, 1999. "Public Education and Intergenerational Economic Mobility," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(3), pages 697-710, August.
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    Citations

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    Cited by:

    1. Shu Wang & Xiao Yu & Kuo Zhang & Jipeng Pei & Karlis Rokpelnis & Xuelong Wang, 2022. "How does education affect intergenerational income mobility in Chinese society?," Review of Development Economics, Wiley Blackwell, vol. 26(2), pages 774-792, May.
    2. Aso, Hiroki, 2020. "Differential Fertility, Intergenerational Mobility and the Process of Economic Development," MPRA Paper 106148, University Library of Munich, Germany.
    3. Aso, Hiroki, 2020. "Differential Fertility, Intergenerational Mobility and the Process of Economic Development," MPRA Paper 99429, University Library of Munich, Germany.
    4. Miyake, Yusuke & Yasuoka, Masaya, 2018. "Intergenerational Mobility and Policy in an Aging Population," MPRA Paper 89139, University Library of Munich, Germany.
    5. Bavaro, Michele & Patriarca, Fabrizio, 2022. "Referrals, intergenerational mobility and human capital accumulation," Economic Modelling, Elsevier, vol. 110(C).
    6. Qin, Xuezheng & Wang, Tianyu & Zhuang, Castiel Chen, 2016. "Intergenerational transfer of human capital and its impact on income mobility: Evidence from China," China Economic Review, Elsevier, vol. 38(C), pages 306-321.
    7. Yang, Juan & Qiu, Muyuan, 2016. "The impact of education on income inequality and intergenerational mobility," China Economic Review, Elsevier, vol. 37(C), pages 110-125.
    8. repec:pra:mprapa:106108 is not listed on IDEAS
    9. Aso, Hiroki, 2020. "Endogenous lifetime, intergenerational mobility and economic development," MPRA Paper 99582, University Library of Munich, Germany.
    10. Tang, Le & Sun, Shiyu & Yang, Weiguo, 2021. "Does government education expenditure boost intergenerational mobility? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 74(C), pages 13-22.

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