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Trends in quality-adjusted skill premia in the United States, 1960-2000

Carneiro, Pedro; Lee, Sokbae - 2010

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...

Persistent link: https://www.econbiz.de/10010278473

Unobserved heterogeneity and risk in wage variance: Does schooling provide earnings insurance?

Mazza, Jacopo; van Ophem, Hans; Hartog, Joop - 2011

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...

Persistent link: https://www.econbiz.de/10010278739

Trends in quality-adjusted skill premia in the United States, 1960 - 2000

Carneiro, Pedro; Lee, Sokbae - 2008

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 8 percentage points in the college premium. The standard demand and supply framework (Katz and Murphy, 1992, Card...

Persistent link: https://www.econbiz.de/10010288435

Unobserved Heterogeneity and Risk in Wage Variance: Does Schooling provide Earnings Insurance?

Mazza, Jacopo; van Ophem, Hans; Hartog, Joop - 2011

Persistent link: https://www.econbiz.de/10010325796

Which immigrants are most innovative and entrepreneurial? Distinctions by entry visa

Hunt, Jennifer - 2010

Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...

Persistent link: https://www.econbiz.de/10010269550

Long-term economic consequences of Vietnam-era conscription: schooling, experience and earnings

Angrist, Joshua D.; Chen, Stacey H. - 2008

Military service reduces civilian labor market experience but subsidizes higher education through the GI Bill. Both of these channels are likely to affect civilian earnings. New estimates of the effects of military service using Vietnam-era draft-lottery instruments show post-service earnings...

Persistent link: https://www.econbiz.de/10010271218

An empirical investigation of labor income processes

Guvenen, Fatih - 2007

In this paper we reassess the evidence on labor income risk. There are two leading views on the nature of the income … process in the current literature. The .first view, which we call the .Restricted Income Profiles.(RIP) process, holds that … individuals are subject to large and very persistent shocks, while facing similar life-cycle income profiles. The alternative view …

Persistent link: https://www.econbiz.de/10010293069

What accounts for the US-Canada education-premium difference?

Kryvtsov, Oleksiy; Ueberfeldt, Alexander - 2009

This paper analyzes the differences in wage ratios of university graduates to less than university graduates, the education premium, in Canada and the United States from 1980 to 2000. Both countries experienced a similar increase in the fraction of university graduates and a similar increase in...

Persistent link: https://www.econbiz.de/10010280031

The American family in black and white: A post-racial strategy for improving skills to promote equality

Heckman, James J. - 2011

children enter school. Families are major producers of those skills. Inequality in performance in school is strongly linked to … inequality in family environments. Schools do little to reduce or enlarge the gaps in skills that are present when children enter … growing fraction of American children across all race and ethnic groups is being raised in dysfunctional families. Investment …

Persistent link: https://www.econbiz.de/10010278496

Do poor children become poor adults? Lessons from a cross country comparison of generational earnings mobility

Corak, Miles - 2006

long run labour market success of children is related to that of their parents is examined. The rich countries differ … significantly in the extent to which parental economic status is related to the labour market success of children in adulthood. The …

Persistent link: https://www.econbiz.de/10010332989