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Princelings and Paupers? State Employment and the Distribution of Human Capital Investments Among Households in Viet Nam. Asian Development Review. Vol. 30(2), pp. 26–48

dc.contributor.authorIan Coxhead
dc.contributor.authorDiep Phan
dc.date.accessioned2015-01-24T13:14:29Z
dc.date.available2015-01-24T13:58:00Z
dc.date.issued2013-08-30T13:58:00Z
dc.identifier.urihttp://hdl.handle.net/11540/1624
dc.description.abstractInequality in access to education is known to be a key driver of income inequality in developing countries. Viet Nam, a transitional economy, exhibits significant segmentation in the market for skilled labor based on more remunerative employment in government and state firms. We ask whether this segmentation is also reflected in human capital investments at the household level. We find that households whose heads hold state jobs keep their children in school longer, spend more on education, and are more likely to enroll their children in tertiary institutions relative to households whose heads hold nonstate jobs. The estimates are robust to a wide range of household and individual controls. Over time, disparities in educational investments based on differential access to jobs that reward skills and/or credentials help widen existing income and earnings gaps between well-connected “princelings” and the rest of the labor market. Capital market policies that create segmentation in the market for skills also crowd out investment in private sector firms, further reducing incentives for human capital deepening.
dc.languageEnglish
dc.publisherAsian Development Bank and Asian Development Bank Institute
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.titlePrincelings and Paupers? State Employment and the Distribution of Human Capital Investments Among Households in Viet Nam. Asian Development Review. Vol. 30(2), pp. 26–48
dc.typeJournals
dc.subject.adbhuman capital
dc.subject.adbstate-owned
dc.subject.adbeducation
dc.subject.adbconnections
dc.subject.adbinequality
dc.subject.adbViet Nam
dc.title.seriesAsian Development Review
dc.title.volumeVolume 30, Issue 2, pp. 26-48
dc.contributor.imprintAsian Development Bank
oar.themeGender
oar.themePoverty
oar.identifierOAR-002556
oar.authorCoxhead, Ian
oar.authorPhan, Diep
oar.importtrue
oar.externallinkhttp://www.mitpressjournals.org/loi/adev
oar.googlescholar.linkpresenttrue


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  • Asian Development Review
    The Asian Development Review (ADR) is a professional journal for disseminating the results of economic and development research relevant to Asia and the Pacific. Since 1983, the ADR has been an important part of the history of the Asian Development Bank and its mission to reduce poverty across Asia and the Pacific.

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