Human Capital Accumulation and Income Distribution
收藏NBER1992-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3994
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The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education. We consider the outcome of a process in which income is taxed to provide subsidies for education, and taxes are chosen by majority voting. We characterize the outcome as a function
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美国国家经济研究局创建时间：
1992-02-01
