Human capital, social mobility and the skill premium

Konstantinos Angelopoulos (), Jim Malley and Apostolis Philippopoulos

Working Papers from Business School - Economics, University of Glasgow

Abstract: This paper considers the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. Our approach allows us to evaluate the dynamic e¤ects of tax reforms and education spending policies on economic e¢ ciency as well as on social and wage inequality. The analysis contributes to the literature by showing that endogenous so- cial mobility, human capital for skilled and unskilled labour, and exter- nalities from skilled human capital on social mobility are key channels through which tax-spending policy is transmitted.

Keywords: social mobility; skill premium; tax and education policy (search for similar items in EconPapers)
JEL-codes: E62 J31 J62 (search for similar items in EconPapers)
Date: 2013-06
New Economics Papers: this item is included in nep-hrm, nep-lab, nep-lma, nep-ltv, nep-mac and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.gla.ac.uk/media/media_280267_en.pdf (application/pdf)

Related works:
Working Paper: Human Capital, Social Mobility and the Skill Premium (2013)
Working Paper: Human capital, social mobility and the skill premium (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2013_10

Access Statistics for this paper

More papers in Working Papers from Business School - Economics, University of Glasgow Contact information at EDIRC.
Bibliographic data for series maintained by Business School Research Team ().