33 Pages Posted: 29 Oct 2002
Date Written: July 2002
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.
Keywords: Transition economies, human capital, growth, inequality, liquidity constraints, educational reform, long run
JEL Classification: P2, O15, I2
Suggested Citation: Suggested Citation
Spagat, Michael, Human Capital, Growth and Inequality in Transition Economies (July 2002). William Davidson Institute Working Paper No. 499. Available at SSRN: https://ssrn.com/abstract=332902 or http://dx.doi.org/10.2139/ssrn.332902