Effect of Education on Income Inequality: A Cross-National Study
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This paper explores the effects of education on income inequality. Data from over 50 countries was used and income inequality was measured through the Gini coefficient. Two regression models were created and controlled for other factors that might affect income inequality. We hypothesize that a negative correlation exists between education and income inequality, and the results corroborate that there is a slight negative relationship between these two variables. Additional methods to improve the model and suggestions are also provided.