degrees with the highest average earnings and underestimates the returns to degrees with the lowest average earnings. Second …, we decompose the impacts on earnings into effects on wage rates and effects on hours. For most degrees, the earnings …

The initial earnings of U.S. immigrants vary enormously by country of origin. Via three interrelated analyses, we show … earnings convergence across source countries with time in the United States. Human-capital theory plausibly explains the … inverse relationship between initial earnings and earnings growth rates: the good fit between data and theory suggests that …

on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings … countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and …

study, we focus on the reliability of students’ earnings expectations. To what extent is observed log earnings expectations …