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The distribution of job satisfaction widened across cohorts of young men in the United States between 1978 and 1988, and between 1978 and 1996, in ways correlated with changing wage inequality. Satisfaction among workers in upper earnings quantiles rose relative to that of workers in lower...
Persistent link: https://www.econbiz.de/10012471452
What was the return to education in the United States at mid-century? In 1940, the correlation between years of … return to education to recent studies implemented similarly. We find that the return to education was relatively low in 1940 …, with each additional year of schooling increasing labor earnings by approximately 4%. Returns to education were evident …
Persistent link: https://www.econbiz.de/10012480351
We use estimates across all known "credibly causal" studies to examine the distributions of the causal effects of public K12 school spending on test scores and educational attainment in the United States. Under reasonable assumptions, for each of the 31 included studies, we compute the same...
Persistent link: https://www.econbiz.de/10012482732
Many economists and educators of diverse political beliefs favor public support for education on the premise that a … between education and voting for the US, but not for the UK. Using the information on validated voting, we find that …
Persistent link: https://www.econbiz.de/10012469116
Over the past 15 years, labor-quality growth has been very strong--defying nearly all earlier projections--and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on...
Persistent link: https://www.econbiz.de/10012456124
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in … differentials. For some, there are substantial causal effects of education at all stages of schooling …
Persistent link: https://www.econbiz.de/10012456384
years immediately after birth. This study analyzes whether the across-cohort patterns in the black-white education and …With Census data, we find: i) a significant narrowing across the same cohorts in education gaps driven primarily by a … gains is greater than can be explained by only the black gains in education and test scores for reasonable estimates of the …
Persistent link: https://www.econbiz.de/10012458126
additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …
Persistent link: https://www.econbiz.de/10014322772
period from 1959 to 1995. Estimates based on a version of the model with two education groups high school equivalent and … (around 5) while the elasticity of substitution between the two education groups is about 2.5. We also examine data for the … supplies in interpreting movements in education-related wage differentials …
Persistent link: https://www.econbiz.de/10012471112
first to inquire of wage and salary income and education. We address what the returns to skill were prior to 1940 and piece … century, not just in the 1940s, both coinciding with major economic disruptions brought about by war. The returns to education … contributing factor to the decrease in educational returns. Inequality and the returns to education across the entire century …
Persistent link: https://www.econbiz.de/10012471668