Educational Mobility
The Effect on Efficiency and Distribution
Bibliographic Data
| ID | 9726340 |
|---|---|
| Authors | Jan Eeckhout (0000-0001-6509-4296, London School of Economics and Political Science, corresponding author) |
| Year | 1999 |
| Volume | 66 |
| Issue | 263 |
| Pages | 317-333 |
| Publication date | 1999-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-0335.00173 |
| OpenAlex | W2037424027 |
| Language | EN |
| Citations received | 1 |
| References cited | 4 |
Within a microeconomic framework, educational mobility and inequality are studied. The labour market is characterized by imperfectly substitutable skills and production occurs in monopolistically competitive industries that exhibit local non‐convexities. Education allows for upward mobility. It is shown that multiple mobility equilibria exist in the stage game. In addition, for some skill levels, Pareto improvements are possible through adjustment policies. In the repeated game, a sufficient condition is derived for polarization, in which case the economy exhibits a low growth path. A higher growth path can be achieved through intertemporal redistribution. Without adjustment, inequality will increase continuously
Distribution (mathematics) · Economics · Inequality · Labour economics · Microeconomics · Operations management · Pareto principle · Path (computing) · Polarization (electrochemistry) · Production (economics) · Redistribution (election) · Social mobility · Computer Science · Economic Growth and Productivity · Economic theories and models · Labor market dynamics and wage inequality · Mathematics
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,05 |
| Citation span | 2006 - 2006 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |