Lisa Kerdelhué

phd seminar

Lisa Kerdelhué

AMSE
Education mobility, growth and inequality
Lieu

IBD Salle 16

Îlot Bernard du Bois - Salle 16

AMU - AMSE
5-9 boulevard Maurice Bourdet
13001 Marseille

Date(s)
Mardi 5 novembre 2019| 12:45 - 13:30
Contact(s)

Anushka Chawla : anushka.chawla[at]univ-amu.fr
Laura Sénécal : laura.senecal[at]univ-amu.fr
Carolina Ulloa Suarez : carolina.ulloa-suarez[at]univ-amu.fr

Résumé

A low education mobility can be a source of misallocation of skills and may have an impact on growth. This paper studies one driver of education mobility: misperceptions in the affordability to education. In order to understand how it affects endogenous growth and inequality, I build a dynamic heterogeneous households’ life-cycle model. The model incorporates endogenous education choice, intergenerational inheritance of ability and innovation through the choice to become a researcher. Lower misperceptions in the affordability of education leads to a higher GDP growth and to lower income inequality because the wage premium between researchers and workers is reduced.