연구정보
Schooling inequality, returns to schooling, and earnings inequality
남아프리카공화국 / 브라질 국외연구자료 기타 David Lam, Arden Finn, and Murray Leibbrandt UNU-WIDER 발간일 : 2015-05-01 등록일 : 2015-06-08 원문링크
Abstract
Human capital models imply that both the distribution of education and returns to education affect earnings inequality. Decomposition of these ‘quantity’ and ‘price’ components have been important in understanding changes in earnings inequality in developed and developing countries. This paper provides theoretical and empirical analysis of the interactions between schooling inequality, returns to schooling and earnings inequality. We focus on two main questions. What is the relationship between inequality in schooling and inequality in earnings? How do changes in returns to schooling affect earnings inequality when returns differ by schooling level? We derive new analytical results that are used to guide empirical analysis of changes in earnings inequality in Brazil and South Africa. While both countries have had declines in schooling inequality, only Brazil has translated those into declines in earnings inequality. In South Africa, rising returns to schooling at the top level have offset equalizing changes in the schooling distribution.