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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/10009156101
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/10003817244
Persistent link: https://www.econbiz.de/10010358731
particularly important. -- Family background ; intergenerational mobility ; parents ; siblings ; long-run income … specific knowledge of what it is about family background that really matters. Studies on intergenerational income mobility show … that parental income matters to some extent, but they also show that more than half of the family background and community …
Persistent link: https://www.econbiz.de/10003760051
the return to schooling. Some marginal policy changes inducing students into college produce very low returns. -- Returns …
Persistent link: https://www.econbiz.de/10008688882
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the return to schooling. Some marginal policy changes inducing students into college produce very low returns. -- returns …
Persistent link: https://www.econbiz.de/10009155051
This paper estimates average and marginal returns to schooling in Indonesia using a non-parametric selection model. Identification of the model is given by exogenous geographic variation in access to upper secondary schools. We find that the return to upper secondary schooling varies widely...
Persistent link: https://www.econbiz.de/10009522501
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