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Full-Text Articles in Income Distribution
Higher Education And Income Distribution In A Less Developed Country, Gary S. Fields
Higher Education And Income Distribution In A Less Developed Country, Gary S. Fields
Gary S Fields
[Excerpt] The primary purpose of this paper is to empirically test among both the intra- and the inter-generational version of these three hypotheses for higher (i.e. post-secondary) levels of education for one less developed country, Kenya. A secondary purpose is to investigate other economic aspects of spending on higher education, most notably the question of horizontal equity in school finance. Before proceeding, a methodological point is in order. There is no consensus in the public economics literature on what is a suitable criterion for assessing the equitability of a fiscal programme. At least three criteria may be distinguished (the terminology …
The Dynamics Of Poverty, Inequality And Economic Well-Being: African Economic Growth In Comparative Perspective, Gary S. Fields
The Dynamics Of Poverty, Inequality And Economic Well-Being: African Economic Growth In Comparative Perspective, Gary S. Fields
Gary S Fields
Two hundred and fifty million Africans (about 45% of the population) are poor. In rural areas, where most Africans live, there is, alas, a 'poor majority'. Rural poverty rates range from 37% in Madagascar and 41% in Kenya to 88% in Zambia and 94% in Ghana (Table 1). It is hard to imagine an issue in development economics that is of greater importance to humankind than the effects of economic growth on poverty and economic well-being. Yet there is remarkably little consensus on this vitally important issue, as illustrated by the following two polar positions: New patterns of growth will …
Income Distribution In Developing Economies: Conceptual, Data, And Policy Issues In Broad-Based Growth, Gary S. Fields
Income Distribution In Developing Economies: Conceptual, Data, And Policy Issues In Broad-Based Growth, Gary S. Fields
Gary S Fields
[Excerpt] The aim of economic development is to raise the standard of living of a country's people, especially its poor. Economic growth, particularly when broadly based, is a means to that end. 'Underdevelopment' can be defined as a state of severely constrained choices. When one is choosing from among an undesirable set of alternatives, the outcome will itself be undesirable. Standards of living will be low. If standards of living are to be improved, people must have a better set of alternatives from which to choose. 'Economic development' is the process by which the constraints on choices are relaxed. Based …
Effects Of Husband’S Education On Wife’S Earnings: The Recent Evidence, Humenghe Zhao
Effects Of Husband’S Education On Wife’S Earnings: The Recent Evidence, Humenghe Zhao
Gettysburg Economic Review
This paper aims to examine the relationship between husband’s education and his wife’s earnings. The study builds upon previous literature revolving around the relationship between a woman’s human capital and her husband’s earnings. Using pooled cross-sectional data from the Current Population Survey (CPS), I adjust the OLS wage model to estimate whether a man’s human capital has positive effects on his wife’s earnings. Two major hypotheses concerning the correlation between spousal education and earnings are cross-productivity effect between couples and assortative mating. Using the original regression model, I also estimate a sub-sample designed to restrict the effects of positive assortative …