Goldin, Claudia; Katz, Lawrence F. - National Bureau of Economic Research - 1999
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 …