ERIC Number: ED132681
Record Type: Non-Journal
Publication Date: 1972-Sep
Pages: 14
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Income Distribution Over Educational Levels: A Simple Model.
Tinbergen, Jan
An econometric model is formulated that explains income per person in various compartments of the labor market defined by three main levels of education and by education required. The model enables an estimation of the effect of increased access to education on that distribution. The model is based on a production for the economy as a whole; a function from which the contribution to national product by persons in each of the five categories of manpower is considered. This production function constitutes the supply side of jobs. The demand side is derived from utility functions that contain one parameter indicating the quality of the individual, here represented by his level of education. In addition the utility function contains a variable indicating the type of job taken. A distinction is made between primary labor income and secondary income, that is, income after direct taxes. The model is based on a few more assumptions replacing lacking information. The model is tested with the aid of figures collected for the Netherlands around 1960-66. (Author/MLF)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Netherlands
Grant or Contract Numbers: N/A