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Income Distribution Effects of Public Education and Social Security in a Growing Economy

Author

Listed:
  • Glomm, G.
  • Kaganovich, M.

Abstract

We study how the allocation of government expenditures between two major outlays -- education and pay-as-you-go social security -- affects income distribution in an economy with heterogeneous agents.

Suggested Citation

  • Glomm, G. & Kaganovich, M., 1999. "Income Distribution Effects of Public Education and Social Security in a Growing Economy," Papers 9901a, Michigan State - Econometrics and Economic Theory.
  • Handle: RePEc:fth:mistet:9901a
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    Cited by:

    1. Nordblom, K., 2001. "Within-the-Family Education and Its Impact on Equality," Papers 2001:06, Uppsala - Working Paper Series.
    2. Chen, Hung-ju, 2005. "Educational systems, growth and income distribution: a quantitative study," Journal of Development Economics, Elsevier, vol. 76(2), pages 325-353, April.
    3. Mohamed Bouzahzah & Frédéric Docquier & Oliver Paddison, 2002. "Retraites, croissance et inégalités en présence d'individus myopes," Economie & Prévision, La Documentation Française, vol. 155(4), pages 31-44.
    4. Docquier, Frederic & Paddison, Oliver & Pestieau, Pierre, 2007. "Optimal accumulation in an endogenous growth setting with human capital," Journal of Economic Theory, Elsevier, vol. 134(1), pages 361-378, May.
    5. DOCQUIER, Frédéric & PADDISON, Oliver, 2000. "Growth and equality effects of pension plans," CORE Discussion Papers 2000036, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. Docquier, Frederic & Paddison, Oliver, 2003. "Social security benefit rules, growth and inequality," Journal of Macroeconomics, Elsevier, vol. 25(1), pages 47-71, March.

    More about this item

    Keywords

    INCOME DISTRIBUTION ; EDUCATION;

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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