Does income inequality hamper human capital accumulation in OECD countries?

The purpose of this article is to verify whether income  nequality impedes the accumulation of human capital in OECD countries during the years of 1990–2010. The article reviews theoretical findings that suggest a negative impact of income dispersions on human capital, and subsequently, it presents...

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Bibliographic Details
Main Author: Jakub Bartak
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2018-03-01
Series:Managerial Economics
Online Access:https://journals.agh.edu.pl/manage/article/view/2842
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Summary:The purpose of this article is to verify whether income  nequality impedes the accumulation of human capital in OECD countries during the years of 1990–2010. The article reviews theoretical findings that suggest a negative impact of income dispersions on human capital, and subsequently, it presents estimations of a dynamic model of human capital accumulation. The results of the study reveal a negative and statistically significant relationship between income inequality and human capital inflow measured as student skills test scores.
ISSN:1898-1143
2353-3617