Abstract
This paper presents empirical evidence on how education is related to income distribution in a panel data set covering a broad range of countries for the period between 1960 and 1990. The findings indicate that educational factors-higher educational attainment and more equal distribution of education-play a significant role in making income distribution more equal. The results also confirm the Kuznets inverted-U curve for the relationship between income level and income inequality. We also find that government social expenditure contributes to more equal distribution of income. However, a significant proportion of cross-country variation in income inequality remains unexplained.
Original language | English |
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Pages (from-to) | 395-416 |
Number of pages | 22 |
Journal | Review of Income and Wealth |
Volume | 48 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2002 Sept |
ASJC Scopus subject areas
- Economics and Econometrics