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      A Socioeconomic Disaggregation of the World Bank Human Capital Index 

      D'Souza, Ritika; Gatti, Roberta; Kraay, Aart (World Bank, Washington, DC, 2019-09)

      This paper documents inequality in health and education outcomes by constructing an index of human capital disaggregated by quintiles of socioeconomic status (SES) for a sample 51 mostly low- and middle-income countries. The index measures the expected future human capital of children born today, following the methodology of the World Bank Human Capital Index that was launched in October 2018. Within-country disparities in human capital outcomes across SES quintiles are large, accounting for roughly one-third of the total variation. On average, ...
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      Education, Globalization, and Income Inequality in Asia 

      Park, Kang H (Asian Development Bank Institute, 2017-05)

      This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The evidence supports the validity of Kuznets’ inverted-U hypothesis for the connection between income level and income inequality. However, when more variables are integrated into the model, the consistency of the inverse U-shaped curve becomes weaker. The empirical results suggest that educational variables are highly influential in affecting income distribution. Our analysis indicates that a higher level of education achieved by ...