Human capital and income inequality: Some facts and some puzzles

Amparo Castelló-Climent, Rafael Doménech 23 April 2014

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The rise of income inequality in many countries from 1985 onwards, and particularly during the recent crisis, has prompted a current debate on the causes and consequences of higher inequality and its effects on future growth (see, for example, OECD 2011, IMF 2014, or Ostry et al. 2014). As a result, and despite the slight reduction from 1960 to 1985, the average income Gini coefficient for developing countries was almost the same in 1960 (0.42) as it was in 2005 (0.41).

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Topics:  Development Education Poverty and income inequality

Tags:  education, globalisation, human capital, Inequality, skill-biased technological change