The Price of Education and Inequality

Economics Letters, Vol. 105, No. 2, pp. 183-185, November 2009

Posted: 6 May 2011 Last revised: 14 Nov 2012

See all articles by Tetsuya Nakajima

Tetsuya Nakajima

Osaka City University - Faculty of Economics

Hideki Nakamura

Osaka City University

Date Written: September 7, 2008

Abstract

Constructing a simple model that includes the price of education, this paper shows that the educational expenditure of rich households could prevent poor households from escaping poverty. The paper offers an explanation for persistent inequality.

Keywords: Education, Inequality, Trickle-down

JEL Classification: D31, I21, I22, I28, L31

Suggested Citation

Nakajima, Tetsuya and Nakamura, Hideki, The Price of Education and Inequality (September 7, 2008). Economics Letters, Vol. 105, No. 2, pp. 183-185, November 2009, Available at SSRN: https://ssrn.com/abstract=1804727

Tetsuya Nakajima (Contact Author)

Osaka City University - Faculty of Economics ( email )

3-3-138, Sugimoto
Sumiyoshi-ku
Osaka, 558-8585
Japan

Hideki Nakamura

Osaka City University ( email )

3-3-138, Sugimoto
Sumiyoshi-ku
Osaka 558-8585
United States

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