文章基本信息

标题：The Effects of Income Inequality on Education Policy and Economic Growth
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作者：Katsuyuki Naito ; Keigo Nishida
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2012
卷号：2
期号：1
页码：109-113
DOI：10.4236/tel.2012.21020
出版社：Scientific Research Publishing
摘要：This paper presents a simple model to investigate the relationship among initial income inequality, education and eco- nomic growth. Public expenditure on education is determined through majority voting. Although preferences of individuals are not single-peaked, the individual with the median income becomes the decisive voter. Our model predicts that high initial inequality has a negative impact on education expenditure and therefore retards economic growth.
关键词：Income Inequality; Majority Voting; Human Capital Accumulation; Economic Growth