Human Capital Formation, Income Inequality and Growth

Jean-Marie Viaene and Itzhak Zilcha

Working Papers from Tel Aviv

Abstract: The paper studies the determinants of income distribution and growth in an overlapping generations economy with heterogenous households. Our framework has the following main features: (1) heterogeneity of consumers with respect to wealth and parental human capital; (2) intergenerational transfers are accomplished via investment in the education of the younger generation.

Keywords: HUMAN CAPITAL; INCOME DISTRIBUTION; GENERATIONS (search for similar items in EconPapers)
JEL-codes: D9 E2 F2 J2 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2001
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Citations: View citations in EconPapers (10)

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Working Paper: Human Capital Formation, Income Inequality and Growth (2001)
Working Paper: Human Capital Formation, Income Inequality and Growth (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:2001-13

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