Human Capital Inequality: Empirical Evidence

Heterogeneity in human capital is a key source of differences in economic well-being. This article provides a synopsis of the empirical approaches that have characterized the analysis of human capital inequality over the past few decades.

With
Brant Abbott

Abstract
Wealth inequality has received considerable attention, with mounting evidence of steady and economically meaningful changes in the concentration of wealth ownership. By definition, wealth inequality captures disparity in the ownership of productive capital and other non-labor factors of production. In contrast, in this article we focus on the distribution of human capital and its implications for the accrual of economic resources to individuals and households. Human capital inequality can be thought of as measuring disparity in the ownership of labor factors of production, which are usually compensated in the form of wage income.

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Citation

@techreport{AG_HC2018,
  title={Human Capital Inequality: Empirical Evidence},
  author={Abbott, Brant and Gallipoli, Giovanni},
  year={2018},
  note={Working Paper},
  institution={Vancouver School of Economics, UBC}
  }