Discrete stochastic dynamics of income inequality in education: An applied stochastic model and a case study (Q2478394): Difference between revisions
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Latest revision as of 19:22, 27 June 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Discrete stochastic dynamics of income inequality in education: An applied stochastic model and a case study |
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Discrete stochastic dynamics of income inequality in education: An applied stochastic model and a case study (English)
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28 March 2008
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Summary: This paper develops a model for the discrete stochastic dynamics of economic inequality-induced outcomes in education and demonstrates, in the context of the Turkish higher education sector, that higher incomes lead to higher performance levels; and hence income inequality matters. The paper formulates a stochastic subsidy policy that could help the sector to escape the low performance equilibria, and that could stabilize the sector at relatively higher performance levels.
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discrete stochastic dynamics
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economic inequality
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