Human Capital Investment and Income Gap

Based on investment in human capital earnings function, from the perspective of human capital investment subject cut for families, businesses, national human capital investment on the Income Gap made some exploratory research, the main contents are as follows: First, based on human capital investment income function, generational model introduced minimum consumption, analysis of the family of human capital investment on the impact of the income gap. Analysis showed that: the budget constraints and capital market conditions do not exist, the initial human capital differences lead to income inequality, and income inequality gap caused by household investment in human capital, investment in human capital gap between families has led to the income gap. Read more [+]