open access

https://hdl.handle.net/2115/29915

Persistent Inequality and Private Provision of Public Goods

英語

Inequality

2007

Graduate School of Economics and Business Administration, Hokkaido University

Economic Journal of Hokkaido University

36

43-60

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.

紀要論文

Version of Record

0916-4650

AA10772967