IDEAS home Printed from https://ideas.repec.org/a/mve/journl/v29y2003i2p37-66.html
   My bibliography  Save this article

The Parental Choice of Education: Income Inequality and Endogenous Growth

Author

Listed:
  • Tin-Chun Lin

    (Indiana University Northwest)

Abstract

In this paper, I modify the model of Glomm and Ravikumar (1992) and extend their work. In particular, I examine the link between income growth and inequality in a setting in which public and private education can coexist. In this setting, households are free to opt out of public education in favor of a private alternative. Majority voting determines the level of funding for public education. I find that income inequality declines over time under the mixed public/private regime and that, in the long run, a balanced growth path can exist.

Suggested Citation

  • Tin-Chun Lin, 2003. "The Parental Choice of Education: Income Inequality and Endogenous Growth," Journal of Economic Insight, Missouri Valley Economic Association, vol. 29(2), pages 37-66.
    • Handle: RePEc:mve:journl:v:29:y:2003:i:2:p:37-66
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • I20 - Health, Education, and Welfare - - Education - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mve:journl:v:29:y:2003:i:2:p:37-66. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cullen Goenner (email available below). General contact details of provider: https://edirc.repec.org/data/mveaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.