タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記* Revised:Inequality, Growth and the Politics of Education and Redistribution [12-09, 2012]
* Revised:Inequality Dynamics and the Politics of Redistribution [12-09-Rev., 2013]
This paper analyzes the political economy of public education and redistributionin an overlapping-generation model of a two-class society in which growth is drivenby the accumulation of human capital. The levels of public education and lump-sum nancial transfers are determined by voting, while private education whichsupplements public education is purchased individually. The model, which includestwo-dimensional voting, demonstrates multiple steady-state political equilibria. Oneis an equilibrium with a high share of public education in government expenditure;the other is an equilibrium with a high share of lump-sum transfers. Numericalanalysis shows empirically plausible result of growth, inequality and the compositionof redistributive expenditures.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)