TY  - JOUR
AU  - Ehrlich,Isaac
AU  - Kim,Jinyoung
TI  - The Evolution of Income and Fertility Inequalities over the Course of Economic Development: A Human Capital Perspective
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 10890
PY  - 2004
Y2  - November 2004
UR  - http://www.nber.org/papers/w10890
L1  - http://www.nber.org/papers/w10890.pdf
N1  - Author contact info:
Isaac Ehrlich
415 Fronczak Hall
State University of New York at Buffalo
and Center for Human Capital
Box 601520
Buffalo, NY 14260-1520
Tel: 716/645-2121ext 421
Fax: 716/645- 2127
E-Mail: mgtehrl@buffalo.edu

Jinyoung Kim
Department of Economics
Korea University
5-1, Anam-Dong, Sungbuk-Ku
Seoul, Korea 136-701
Tel: 011-82-2-3290-2202
Fax: 011-82-2-3290-2202
E-Mail: jinykim@korea.ac.kr
AB  - Using an endogenous-growth, overlapping-generations framework where human capital is the engine of growth, we trace the dynamic evolution of income and fertility distributions and their interdependencies over three endogenous phases of economic development. In our model, heterogeneous families determine fertility and children’s human capital, and generations are linked via parental altruism and social interactions. We derive and test discriminating propositions concerning the dynamic behavior of inequalities in fertility, educational attainments, and three endogenous income inequality measures -- family-income inequality, income-group inequality, and the Gini coefficient. In this context, we also reexamine the "Kuznets hypothesis" concerning the relation between income growth and inequality.
ER  -