Married white men have higher wages and faster wage growth than unmarried white men. Using the NLSY, we examine whether racial differences in intrahousehold specialization and formal training explain married men's faster wage growth, and individual-specific data on cognitive skills, family...

We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate impact on college access and outcomes. Retirement savings and home equity are excluded from the formula used to estimate the amount a family can afford to pay. All else equal,...

This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980's. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock such as a skill-biased technological change. Since the...