The price of education and inequality

Tetsuya Nakajima () and Hideki Nakamura

Economics Letters, 2009, vol. 105, issue 2, 183-185

Abstract: Constructing a simple model that includes the price of education, this paper shows that the educational expenditure of rich households could prevent poor households from escaping poverty. The paper offers an explanation for persistent inequality.

Keywords: Education; Inequality; Trickle-down (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:105:y:2009:i:2:p:183-185

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