Education, social mobility, and the mismatch of talents

被引:0
作者
Yuki Uchida
机构
[1] Osaka University,Graduate School of Economics
来源
Economic Theory | 2018年 / 65卷
关键词
Social mobility; Public education; Redistribution; Voting; H20; I24; J62;
D O I
暂无
中图分类号
学科分类号
摘要
This study presents a two-class, overlapping-generation model featuring social mobility inhibited by the mismatch of talents. Mobility decreases as the private education gap between the two classes widens, whereas it increases with increased public education spending. Within this framework, the study considers voting on public education and shows that when the political power of the rich is strong, the government implements low redistributive expenditures, which in turn induces a cyclical motion of social mobility across generations.
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页码:575 / 607
页数:32
相关论文
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