Education and wealth inequality in Cameroon: a decomposition of the gini index using recentered influence function regression

This paper examines the role of education on changes in wealth inequality in Cameroon over the period 2004-2018. To achieve the set objective, the paper employs the Recentered Influence Function regression-based decomposition with reweighting and the recent three waves of the Cameroon Demographic and Health surveys. Findings show a decrease of 0.1005 points in the Gini wealth inequality during this period. Also, education has a compensating role in mitigating wealth inequality in terms of the composition effect in the order of 0.0233 points. These results suggest that investment in education may contribute to reducing wealth inequality in Cameroon, highlighting the importance of education-focused policies for enhancing economic equity.