Formation endogène et persistance des inégalités

Falilou Fall

Revue économique, 2006, vol. 57, issue 3, 507-516

Abstract: The purpose of this paper is to demonstrate that inherited human capital is a powerful vector of inequality formation and persistence, irrespective of its links with financial wealth endowment. This paper argues that the agents who inherit a low level of human capital bear a greater utility cost in their educational investment and that there are different profiles of returns on human capital within the economy. These two arguments are sufficient to generate an endogenous formation of workers? and entrepreneurs? groups and a continuum of steady states with inequality. Classification JEL : J24, J62, J31, D33

JEL-codes: D33 J24 J31 J62 (search for similar items in EconPapers)
Date: 2006
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