Trends in Quality Adjusted Skill Premia in the US, 1960-2000
73 Pages Posted: 29 Nov 2010
Date Written: November 2010
Abstract
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can qualitatively account for the trend in the college and age premia over this period, substantial quantitative adjustments still need to be made to account for changes in quality.
Keywords: College Premium, Composition Effects, Inequality
JEL Classification: J0
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Trends in U.S. Wage Inequality: Re-Assessing the Revisionists
By David H. Autor, Lawrence F. Katz, ...
-
Trends in U.S. Wage Inequality: Re-Assessing the Revisionists
By David H. Autor, Lawrence F. Katz, ...
-
Skill Biased Technological Change and Rising Wage Inequality: Some Problems and Puzzles
By David Card and John E. Dinardo
-
The Polarization of the U.S. Labor Market
By David H. Autor, Lawrence F. Katz, ...
-
Rising Wage Inequality: The Role of Composition and Prices
By David H. Autor, Lawrence F. Katz, ...
-
Rising Wage Inequality: The Role of Composition and Prices
By David H. Autor, Lawrence F. Katz, ...
-
Changes in the Labor Supply Behavior of Married Women: 1980-2000
By Francine D. Blau and Lawrence M. Kahn
-
Revisiting the German Wage Structure
By Christian Dustmann, Johannes Ludsteck, ...
-
Quantile Regression Under Misspecification, with an Application to the U.S. Wage Structure
By Joshua D. Angrist, Victor Chernozhukov, ...