Keng, Shao-Hsun; Lin, Chun-Hung; Orazem, Peter - Department of Economics, Iowa State University - 2014
Since 1990, Taiwan increased the college share of its labor force from 7% to 28% by converting junior colleges to 4-year colleges. Such a rapid surge in skill supply should suppress college wages and lower income inequality. Instead, inequality rose steadily. The surge of weaker college...