Education's Effect on Income Inequality in OECD countries.

Education's Effect on Income Inequality in OECD countries.

Presenter(s)

Jack Norman Smith

Description

This study investigates the impact of education on income inequality in OECD countries from 2000 to 2015. This study will be done using the dependent variable of GINI Coefficient, which will represent income inequality for the model, in a fixed mixture model with education being represented as below upper secondary, secondary, and tertiary as the three components of education. This study will use panel data to show how a higher tertiary education level will change the income inequality in both developed and developing countries that are in the OECD with development levels determined by GDP per capita of each nation. The variables of Percentage of GDP spent on education, percentage of population by age, and annual interest will be used to show how available education is to citizens of each nation.

Publication Date

4-24-2019

Project Designation

Capstone Project

Primary Advisor

Peter W. Hovey

Primary Advisor's Department

Mathematics

Keywords

Stander Symposium project

Education's Effect on Income Inequality in OECD countries.

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