期刊名称：Discussion Papers in Economics / Department of Economics, Royal Holloway
出版年度：2003
卷号：2003
出版社：University of London
摘要：This paper uses a model of human capital accumulation, labour market distortions, word-
of-mouth communication, and community formation to analyse socio-economic strati…cation,
educational choices and intergenerational social mobility. Workers obtain information about
job opportunities from individuals in their local environment, implying that the social en-
vironment partly determines the expected returns to education. Strati…ed equilibria, when
they exist, are characterised by low intergenerational social mobility and ine¢cient use of
talent. The equilibrium responses to factors that generally encourage education may, in
strati…ed outcomes, be highly asymmetric across socio-economic groups.
