Are Universities Becoming More Unequal?
Yan Lau and
Harvey Rosen
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Yan Lau: Reed College
Harvey Rosen: Princeton University
Working Papers from Princeton University, Department of Economics, Center for Economic Policy Studies.
Abstract:
Observers have expressed concern about growing inequality in resources across universities. But are universities really becoming more unequal? We argue that the typical approach of examining endowment growth alone is not sensible. In line with the literature on household inequality, we focus instead on a comprehensive income measure. We find that although there is considerable inequality among institutions, concerns about the inexorable growth of inequality are overblown. Whether one looks at income, endowment wealth, or expenditure, inequality has been high but stable, exhibiting only negligible increases in recent years. Furthermore, there has been little mobility within the higher education sector.
JEL-codes: I23 (search for similar items in EconPapers)
Date: 2015-07
New Economics Papers: this item is included in nep-edu and nep-ltv
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pri:cepsud:245
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