Human Capital, Growth and Inequality in Transition Economies
University of London - Department of Economics; Centre for Economic Policy Research (CEPR)
William Davidson Institute Working Paper No. 499
Transition economies have an initial condition of high human capital relative to living standards. I explore the possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the long run and policy options.
Number of Pages in PDF File: 33
Keywords: Transition economies, human capital, growth, inequality, liquidity constraints, educational reform, long run
JEL Classification: P2, O15, I2
Date posted: October 29, 2002