Income Inequality and Education Premia

Abstract

The paper attempts to measure inequality and its changes over the period 1993-2000 for a set of 12 Countries in ECHP. Focusing on wages and incomes of workers in general, inequality is mainly analyzed with respect to educational levels as proxy of individual abilities. Estimation of education premia is performed by quantile regressions to stress difierences in income distribution and questioning the true impact of education.