quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical … experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer …

-discrimination measures in education. An analysis of trends in inequalities in human development is used to identify three countries that have … education has been taken up politically. …

countries. We structurally estimate a model of oligopsony with free entry for countries at different stages of development and … the top of the development ladder. …

-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in … productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …

consumption expenditure (e.g., education, defense, and the general legal and administrative infrastructure). Because of data … some of the collective consumption expenditure is actually distributed. We focus on public spending on education, which … makes up about 5% of national income in most OECD countries. We find that, in Germany at least, education spending tends to …

-material factors. Besides income and wealth, other dimensions of inequality including education, occupational prestige, parental … health and the education system, which also moderates the relevance of wealth on subjective social status. …

equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality … factor in reducing educational inequality and thus income inequality. Public policies that improve social benefits and price …

-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in … productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …