Private Education and Positive Growth with Shrinking Income Inequality: A Note

@inproceedings{Yasuoka2008PrivateEA,
  title={Private Education and Positive Growth with Shrinking Income Inequality: A Note},
  author={Masaya Yasuoka and Megumi Katahira and Toshikazu Minami-Ashigara-shi Nakamura},
  year={2008}
}
This short paper introduces the external effects of human capital on education as reported by such as Tamura (1991) and so on to Glomm and Ravikumar (1992) and reexamines economic growth and income inequality in the two education systems: one for public and the other for private education. Glomm and Ravikumar show that income inequality does not shrink if the growth rate is positive in private education. On the other hand, we show that both positive growth and income shrinking are brought about… CONTINUE READING

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