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Hokkaido University Collection of Scholarly and Academic Papers >
Graduate School of Economics and Business / Faculty of Economics and Business >
Economic Journal of Hokkaido University >
Vol. 36 >
Persistent Inequality and Private Provision of Public Goods
| Title: | Persistent Inequality and Private Provision of Public Goods |
| Authors: | Sano, Koichiro Browse this author |
| Keywords: | Human Capital | | Incentives to Free Ride | | Inequality |
| Issue Date: | 2007 |
| Publisher: | Graduate School of Economics and Business Administration, Hokkaido University |
| Journal Title: | Economic Journal of Hokkaido University |
| Volume: | 36 |
| Start Page: | 43 |
| End Page: | 60 |
| Abstract: | This paper examines the relationship that may be held to exist between the incentive to free ride and the persistence of inequality by studying those situations in which agents invest in human capital and then provide public goods privately. An agent's stock of human capital is affected by his parental stock; the more human capital a parent has, the more effectively his child can learn. Then, the incentives to free ride at provision of public goods in the old period are different among agents; those born of a well-educated parent studies harder than an agent born of a less-educated parent, and this lead to the persistence of inequality. |
| Type: | bulletin (article) |
| URI: | http://hdl.handle.net/2115/29915 |
| Appears in Collections: | Economic Journal of Hokkaido University > Vol. 36
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