Title
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Empirical essays on the economics of inequality, education and health
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Author
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Abstract
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The topic of economic inequality has received increasing attention in recent decades. We examine the issue of economic inequality through several approaches. First, we develop a new method to decompose the change of income inequality into a forward-looking and a backward-looking progressivity component. This methodology allows evaluating the economic development process based on the viewpoints not only of the initially poor, but also of the finally poor. An evaluation taking into account both points of reference can yield insights different from those derived from a single point of reference. Secondly, we focus on the evolution of economic inequality in Vietnam by evaluating the multidimensional inequality in consumption, education, health, and housing conditions. By going beyond income, our study aims to move towards a more comprehensive perception of economic inequality. It is interesting to see that multidimensional inequality in Vietnam tends to decrease while the country attains a consistently high rate of economic growth. Next, the concern over the inheritance of economic inequality is considered by examining the case of intergenerational transmission of educational attainment in Vietnam. Specifically, the educational attainment of children is evaluated based on the educational attainment of their parents. The analysis shows there is a positive and persistent association between parents’ and children’s education. The children of parents with less education still have considerably lower educational prospects in comparison to children of more educated parents. This maintains the level of inequality of opportunity among children with different levels of parental education and lowers the social mobility in the country. Finally, we explore the effect of income on health by means of two distributional regression techniques, quantile regression and GAMLSS. These methods allow us to examine the non-uniform nature of the income-health relationship along the distribution of health. As suitable data is required for this study, the analysis in this chapter makes use of data from a household survey in Australia. The findings suggest that the risk-lowering effect of income appears to be largest for those who are in poor health. |
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Language
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English
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Publication
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Antwerp
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University of Antwerp
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2020
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Volume/pages
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206 p.
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Note
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:
Erreygers, Guido [Supervisor]
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Full text (publisher's version - intranet only)
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