Inequality of Opportunity and Economic Development

Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in wealt...

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Bibliographic Details
Main Authors:	Ferreira, Francisco H.G., Walton, Michael
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AGGREGATE OUTPUT AVERAGE INCOME AVERAGE PERFORMANCE BELIEF SYSTEMS BI CAPITAL MARKET CAPITAL MARKETS CHILDREN WITHOUT ACCESS CLASSICAL ECONOMICS CLASSICAL ECONOMISTS COGNITIVE ACHIEVEMENT COGNITIVE SKILLS CREDIT MARKET DEBT DECISION MAKING DEMOCRACY DEVELOPING COUNTRIES DEVELOPMENT POLICY DIFFERENTIAL PATHS DISTRIBUTION OF WEALTH DISTRIBUTIONAL OUTCOMES DISTRIBUTIVE POLITICS EARNINGS INEQUALITY ECONOMETRIC PROBLEMS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMIC INCENTIVES ECONOMIC INEQUALITY ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC STUDIES EDUCATION EDUCATIONAL ATTAINMENT ELASTICITY ELITES EQUAL ACCESS EXPECTED RETURNS EXPERIMENTAL ECONOMICS FACTOR ENDOWMENTS FIXED COSTS GIRLS GROWTH THEORY HIGH CONCENTRATION HUMAN DEVELOPMENT IMPERFECT CAPITAL MARKETS IMPERFECT CREDIT INCOME INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INFANT MORTALITY INTERGENERATIONAL MOBILITY INVESTMENT INVESTMENT OPPORTUNITIES LAND OWNERSHIP LEARNING MACROECONOMICS MARKET IMPERFECTIONS MATCHING METHODS MORTALITY RATES MULTIPLE EQUILIBRIA NORMATIVE ECONOMICS NUTRITION OPPORTUNITY SET OPPORTUNITY SETS OPPORTUNITY SET POLICY ALTERNATIVES POLICY DECISIONS POLICY DESIGN POLICY RESEARCH POLITICAL ECONOMY POLITICAL ECONOMY CHANNEL POLITICAL ECONOMY MODELS POLITICAL RIGHTS POLITICAL SCIENCE POLITICAL SYSTEMS POOR PEOPLE PRIMARY SCHOOL PRODUCTIVE OPPORTUNITIES PROFIT MARGINS PROGRAMS PROPERTY RIGHTS PUBLIC CHOICE PUBLIC ECONOMICS PUBLIC EXPENDITURE PUBLIC GOOD PUBLIC GOODS RELATIVE SUPPLY RESOURCE ALLOCATION SCHOOLING SCHOOLS SERIOUS IMPLICATIONS SOCIAL GROUPS SOCIAL HIERARCHY SOUTH AMERICA STUDENT ACHIEVEMENT TEACHERS TOTAL OUTPUT WEALTH WELFARE ECONOMICS WELL-BEING
Online Access:	http://documents.worldbank.org/curated/en/2006/01/6530275/inequality-opportunity-economic-development http://hdl.handle.net/10986/8793

Internet

http://documents.worldbank.org/curated/en/2006/01/6530275/inequality-opportunity-economic-development
http://hdl.handle.net/10986/8793

Inequality of Opportunity and Economic Development

Internet

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