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Eclipse of Rent-Sharing : The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark

Acemoglu, Daron; He, Alex Xi; Le Maire, Daniel - National Bureau of Economic Research - 2022

This paper provides evidence from the US and Denmark that managers with a business degree ("business managers") reduce their employees' wages. Within five years of the appointment of a business manager, wages decline by 6% and the labor share by 5 percentage points in the US, and by 3% and 3...

Persistent link: https://www.econbiz.de/10013172173

Estimating Returns to Schooling When Schooling is Misreported

Kane, Thomas J. - 1999

We propose a general method of moments technique to identify measurement error in self-reported and transcript-reported schooling using differences in wages, test scores, and other covariates to discern the relative verity of each measure. We also explore the implications of such reporting...

Persistent link: https://www.econbiz.de/10012471555

Who Benefits from Obtaining a GED? Evidence from High School and Beyond

Murnane, Richard J. - 1999

This paper examines the value of the GED credential and the conventional high school diploma in explaining the earnings of 27-year-old males in the early 1990s. The data base is the High School & Beyond sophomore cohort. We replicate the basic findings of prior studies that implicitly assume the...

Persistent link: https://www.econbiz.de/10012471615

A Bridge to Graduation : Post-Secondary Effects of an Alternative Pathway for Students Who Fail High School Exit Exams

Lincove, Jane Arnold; Mata, Catherine; Cortes, Kalena E. - National Bureau of Economic Research - 2022

High school exit exams are meant to standardize the quality of public high schools and to ensure that students graduate with a set of basic skills and knowledge. Evidence suggests that a common perverse effect of exit exams is an increase in dropout for students who have difficulty passing...

Persistent link: https://www.econbiz.de/10012938711

Why Have College Completion Rates Increased? An Analysis of Rising Grades

Denning, Jeffrey T.; Eide, Eric R.; Mumford, Kevin J.; … - National Bureau of Economic Research - 2021

College completion rates declined from the 1970s to the 1990s. We document that this trend has reversed--since the 1990s, college completion rates have increased. We investigate the reasons for the increase in college graduation rates. Collectively, student characteristics, institutional...

Persistent link: https://www.econbiz.de/10012510588

Immigration and Occupational Comparative Advantage

Hanson, Gordon H.; Liu, Chen - National Bureau of Economic Research - 2021

Job choice by high-skilled foreign-born workers in the US correlates strongly with country of origin. We apply a Frechet-Roy model of occupational choice to evaluate the causes of immigrant sorting. In a gravity specification, we find that revealed comparative advantage in the US is stronger for...

Persistent link: https://www.econbiz.de/10012660096

Grads on the Go : Measuring College-Specific Labor Markets for Graduates

Conzelmann, Johnathan G.; Hemelt, Steven W.; Hershbein, Brad - National Bureau of Economic Research - 2022

. About 50 percent of recent college graduates are living and working in the metro area nearest the institution they attended … average strength of the labor market to which a college sends its graduates predicts college-specific intergenerational … of considering migration patterns of college graduates when estimating the social return on public investment in higher …

Persistent link: https://www.econbiz.de/10013210116

Returns to Different Postsecondary Investments : Institution Type, Academic Programs, and Credentials

Lovenheim, Michael F.; Smith, Jonathan - National Bureau of Economic Research - 2022

Early research on the returns to higher education treated the postsecondary system as a monolith. In reality, postsecondary education in the United States and around the world is highly differentiated, with a variety of options that differ by credential (associates degree, bachelor's degree,...

Persistent link: https://www.econbiz.de/10013191028

Career Patterns of College Graduates in a Declining Job Market

Freeman, Richard B. - 1981

to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market … for graduates. The principal finding is that the longitudinal/cohort earnings profile for college graduates flattened … markedly relative to that for high school graduates in the 1970s. With smaller growth rates of earnings for the college …

Persistent link: https://www.econbiz.de/10012478365

Public Universities : The Supply Side of Building a Skilled Workforce

Bound, John - 2019

Over the past few decades, public universities have faced significant declines in state funding per student. We investigate whether these declines affected the educational and research outcomes of these schools. We present evidence that declining funding induced public universities to shift...

Persistent link: https://www.econbiz.de/10012479895

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