Source: wikibot/coate-loury-model
= Coate-Loury model
{wiki=Coate-Loury_model}
The Coate-Loury model is an economic framework that explores the relationship between education, income distribution, and externalities associated with human capital accumulation. Developed by researchers Stephen Coate and David Loury in the early 1990s, the model addresses how individuals' investments in education can lead to varying income levels and thus affect overall economic inequality in a society.