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Title: Education, inequality and economic growth
Authors: Brezis, Elise S. 
Keywords: Εκπαίδευση;Education;Οικονομική ανάπτυξη;Economic development;Ικανότητα;Ability
Issue Date: 2006
Abstract: Most of the theories in the field of economic growth and labor economics are in essence normative and they examine bilateral relationships between education and economic growth, or inequality and economic growth. Recently, new models have been developed that emphasize the multilateral relationship between inequality, education and economic growth, which exhibit positive aspects. In this paper we present two models corresponding to this typology. The first is related to diverse abilities and the second to unified theories. The importance of the typology presented in this paper is that it shows that analyzing a partial relationship can be misleading. The results that seem robust disappear when analyzed by means of a multilateral-relationship approach. The two multilateral-relationship models presented in this paper reveal that interaction between numerous variables can change the results obtained in a simple bilateral model, and that policy implications may be reversed.
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