Trends in Quality-Adjusted Skill Premia in the United States, 1960-2000

This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can qualitatively account for the trend in the college and age premia over this period, substantial quantitative adjustments still need to be made to account for changes in quality

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Year of publication:	2010
Authors:	Carneiro, Pedro Manuel
Other Persons:	Lee, Sokbae (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	USA \| United States \| Bildungsertrag \| Returns to education \| Bildungsverhalten \| Educational behaviour \| Akademiker \| University graduates \| Bildungsniveau \| Educational achievement \| Lohn \| Wages

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Extent:	1 Online-Ressource (72 p)
Series:	IZA Discussion Paper ; No. 5295
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.1704268 [DOI]
Classification:	J0 - Labor and Demographic Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013136303