Correlation between Educational Inequality and Income Inequality

Abstract

The study of the relationship between education and income inequality is not a new topic, and scholars have been concerned with this issue for a long time. For the sake of social equity and poverty alleviation, governments should strengthen education for the poor. In recent years, with new advances in theories of economic growth and economic development and the emergence of new data, academic interest in the issue of income distribution has begun to grow again, focusing mainly on the determinants and dynamics of income distribution. Among them, the relationship between education and income inequality, which is an important form of human capital accumulation, has naturally become a hot issue in economics. This paper summarizes and reviews the recent studies on the relationship between education and income inequality from both theoretical and empirical perspectives.