Juhn, Chinhui; Kim, Dae Il; Vella, Francis - In: Economic Inquiry 43 (2005) 2, pp. 303-315
This article documents the expansion of college education in the United States and examines to what extent the increase in the number of college graduates may have lead to a decline in the average quality of college graduates. Using the 1940--90 Census, we compare across birth year cohorts with...