Education and Income Growth
Implications for Cross-Country Inequality
Bibliographic Data
| ID | 10179984 |
|---|---|
| Authors | Donal O'Neill, Dónal O’Neill (0000-0001-5516-2603, corresponding author) |
| Year | 1995 |
| Volume | 103 |
| Issue | 6 |
| Pages | 1289-1301 |
| Publication date | 1995-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/601455 |
| OpenAlex | W2136966912 |
| Language | EN |
| Citations received | 27 |
| References cited | 7 |
This paper examines the extent to which patterns of human capital convergence can account for observed patterns of income inequality between countries. The author decomposes national income into three components: one due to education levels, one reflecting the return to education, and a residual component. He then examines the contribution of each to changes in income dispersion. Among the developed countries, convergence in education levels has resulted in a reduction in income dispersion. However, for the world as a whole, incomes have diverged despite substantial convergence in education levels. Copyright 1995 by University of Chicago Press
Convergence (economics · Demographic economics · Development economics · Dispersion (optics · Economic growth · Economic inequality · Economics · Human capital · Inequality · Labour economics · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality · Mathematics
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| Unique citing works | 27 |
|---|---|
| Citations per year | 0,93 |
| Citation span | 1997 - 2025 (29) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 27 |