Education And Income Inequality New Evidence From Cross...

J.D Gregorio and J. Lee published â€Å"Education and Income Inequality: New Evidence from Cross-Country Data† in the early 2000s (Gregorio Lee, 2002). This paper looks at empirical evidence on how educational factors, like higher educational attainment and equal distribution of education, play a significant role in income distribution. The authors Gregorio and Lee state that many other literature pieces emphasize education as one of the major factors affecting the degree of income inequality (Gregorio Lee, 2002). Gregorio and Lee hypothesize that educational attainment level is important in making income distribution more equal (Gregorio and Lee, 2002). Similarly, the authors Jorn Rattsà ¸ and Hildegunn Stokke published â€Å"Regional Convergence of Income and Education: Investigation of Distribution Dynamics† (Rattsà ¸ Stokke, 2014). This study looks to challenge the suggested relationship between income inequality and education. This was done with data from Norw ay in comparison to recent United States studies. Education levels are equalised across the two counties used in the dataset. The authors Rattsà ¸ and Stokke hypothesize that there is a relationship between the convergence of income distribution and educational level of attainment (Rattsà ¸ Stokke, 2012). In 1989 Jandhyala Tilak hypothesized that education may raise the overall level of income and that it may change the dispersion of income among groups of people in the journal titled â€Å"Rates of Return to Education andShow MoreRelatedSocial Class As A Way That Constrains Someone s Life Chances And Opportunities For Social Mobility1395 Words   |  6 Pages America is a country that has been founded on the myth of equality and opportunity. The â€Å"Horatio Alger† myth, which states that people who work hard will survive and thrive in America, has passed away to the notion of generational privilege (Alger, 1910). 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