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Using both time-series and pooled cross-section, time-series data for 44 industries over the period 1947-1997 in the United States, no evidence is found to support the idea that the growth of skills or educational attainment had any statistically significant effect on growth of earnings. On the...
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Using the Survey of Consumer Finances, I find that the Black/white gap in standard net worth widened from 1989 to 2019 but narrowed between Hispanics and (non-Hispanic) whites. When the definition of wealth is expanded to incorporate Social Security and defined benefit pension wealth (both the...
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additional schooling to signal prospective employers. We expect self-employed managers to acquire no additional schooling for …
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additional schooling to signal prospective employers. We expect self-employed managers to acquire no additional schooling for …
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