콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Social Development Education

Print

Education in Korea : Efficiency vs. equity

Related Document
Frame of Image
  • Education in Korea
  • Kim, Dong-Kun; Kim, Joong-Ryul
  • Seoul National University(Graduate School of Public Administration)


link
Title Education in Korea
Similar Titles
Sub Title

Efficiency vs. equity

Material Type Articles
Author(English)

Kim, Dong-Kun; Kim, Joong-Ryul

Publisher

[Seoul]:Seoul National University(Graduate School of Public Administration)

Date 1990
Journal Title; Vol./Issue Korean Journal of Policy Studies:vol. 5
Pages 16
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Social Development < Education
Holding Seoul National University

Abstract

This paper attempts to analyse the effects of education on income distribution in Korea. The human capital theory suggests that an unequal distribution can be reduced by improving the distribution of education because variations in labor income are due to the differences in labor quality in terms of the amount of human capital, espcially education, acquired by the workers. On the other hand, a general skepticism about the role of education also can be observed. Thurow, for instance, has shown that in the United States, a country which is a prominent example of educational expansion, schooling has had only a negligible effect in reducing income inequality, although education constitutes one of the key elements in economic growth. Critics of human capital theory, one example is the labor market segmentation theory, asserts that education cannot improve earnings inequality unless other institutional factors, such as occupational earnings structure, are changed. By investigating those two approaches, we can assess whether education can be used as a policy tool to improve the earnings distribution.