2011 Fiscal Year Final Research Report
The analysis of the effect on international income inequality and the consumption-human capital habit formation
| Project/Area Number |
22730205
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Applied economics
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| Research Institution | Tohoku Gakuin University |
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Principal Investigator |
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| Project Period (FY) |
2010 – 2011
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| Keywords | 習慣形成 / 経済成長論 / 人的資本 / 国家間の所得不平等 |
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| Research Abstract |
We use an overlapping generations framework to analyze the effect of international income inequality by formulating consumption habit and human capital one. As a result, we can derive the following two results :(i) when the country has a strong aspiration for parents' consumption level, international trade can cause the decreasing income level per capita ;(ii) starting too low human capital leads the country to a poverty trap, because an strong aspiration for high human capital create over-educational investment.
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