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- Title
Does Education Expansion Increase Intergenerational Mobility?
- Authors
Zhong, Hai
- Abstract
Education expansion may lead to 'over-education', where the social connections of parents may exert more significant influence on the return to education of children. With the assumption of a positive correlation between return on human capital and parental income in the presence of over-education, we show that: (i) the expansion of education may cause horizontal inequity in education opportunities and inefficiency in human capital accumulation; (ii) the positive correlation between return on human capital and parental income causes a more persistent intergenerational immobility; (iii) an expansion of education (especially higher education) leads to more persistent intergenerational immobility.
- Subjects
EDUCATION; INTERGENERATIONAL mobility; HUMAN capital; INCOME; SAVINGS
- Publication
Economica, 2013, Vol 80, Issue 320, p760
- ISSN
0013-0427
- Publication type
Article
- DOI
10.1111/ecca.12032