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Public Education and Intergenerational Economic Mobility
Author(s) -
Iyigun Murat F.
Publication year - 1999
Publication title -
international economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.658
H-Index - 86
eISSN - 1468-2354
pISSN - 0020-6598
DOI - 10.1111/1468-2354.00035
Subject(s) - social mobility , offset (computer science) , public education , economics , educational attainment , economic mobility , public economics , economic growth , labour economics , sociology , poverty , computer science , social science , programming language
This paper examines the role of public education in determining intergenerational economic mobility. It considers a model in which education is free and admission to schools is competitive. The results indicate that for mobility to increase during the process of development, the share of resources devoted to public education needs to be large enough to offset the relative advantage of having educated parents in academic attainment.