Bils, Mark; Kaymak, Bariş; Wu, Kai-Jie - National Bureau of Economic Research - 2022
Knowing the degree of substitutability between schooling groups is essential to understanding the role of human capital … in income differences and to assessing the economic impact of such policies as schooling subsidies, immigration systems … 1960 to 2010 to be consistent with a stable wage premium for schooling despite the rapid growth in schooling, assuming no …