Schooling, intelligence, and income in America: cracks in the bell curve
One of the best documented relationships in economics is the link between education and income: higher educated people have higher incomes. Advocates argue that education provides skills, or human capital, that raises an individual's productivity. Critics argue that the documented relationship...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
1999
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
6902 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | One of the best documented relationships in economics is the link between education and income: higher educated people have higher incomes. Advocates argue that education provides skills, or human capital, that raises an individual's productivity. Critics argue that the documented relationship is not causal. Education does not generate higher incomes; instead, individuals with higher ability receive more education and more income. This essay reviews the evidence on the relationship between education and income. We focus on recent studies that have attempted to determine the causal effect of education on income by either comparing income and education differences within families or using exogenous determinants of schooling in what are sometimes called natural experiments.' In addition, we assess the potential for education to reduce income disparities by presenting evidence on the return to education for people of differing family backgrounds and measured ability. The results of all these studies are surprisingly consistent: they indicate that the return to schooling is not caused by an omitted correlation between ability and schooling. Moreover, we find no evidence that the return to schooling differs significantly by family background or by the measured ability of the student. |
| Beschreibung: | 29 S. graph. Darst. |
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| 520 | |a One of the best documented relationships in economics is the link between education and income: higher educated people have higher incomes. Advocates argue that education provides skills, or human capital, that raises an individual's productivity. Critics argue that the documented relationship is not causal. Education does not generate higher incomes; instead, individuals with higher ability receive more education and more income. This essay reviews the evidence on the relationship between education and income. We focus on recent studies that have attempted to determine the causal effect of education on income by either comparing income and education differences within families or using exogenous determinants of schooling in what are sometimes called natural experiments.' In addition, we assess the potential for education to reduce income disparities by presenting evidence on the return to education for people of differing family backgrounds and measured ability. The results of all these studies are surprisingly consistent: they indicate that the return to schooling is not caused by an omitted correlation between ability and schooling. Moreover, we find no evidence that the return to schooling differs significantly by family background or by the measured ability of the student. | ||
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| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV012570854 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:29:52Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-008536756 |
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| physical | 29 S. graph. Darst. |
| publishDate | 1999 |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Ashenfelter, Orley 1942- Verfasser (DE-588)124081886 aut Schooling, intelligence, and income in America cracks in the bell curve Orley Ashenfelter ; Cecilia Rouse Cambridge, Mass. 1999 29 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6902 One of the best documented relationships in economics is the link between education and income: higher educated people have higher incomes. Advocates argue that education provides skills, or human capital, that raises an individual's productivity. Critics argue that the documented relationship is not causal. Education does not generate higher incomes; instead, individuals with higher ability receive more education and more income. This essay reviews the evidence on the relationship between education and income. We focus on recent studies that have attempted to determine the causal effect of education on income by either comparing income and education differences within families or using exogenous determinants of schooling in what are sometimes called natural experiments.' In addition, we assess the potential for education to reduce income disparities by presenting evidence on the return to education for people of differing family backgrounds and measured ability. The results of all these studies are surprisingly consistent: they indicate that the return to schooling is not caused by an omitted correlation between ability and schooling. Moreover, we find no evidence that the return to schooling differs significantly by family background or by the measured ability of the student. Ressources humaines - États-Unis ram Salaires - Effets de l'éducation - États-Unis ram Éducation - Aspect économique - États-Unis ram Erziehung Education Economic aspects United States Human capital United States Wages Effect of education on United States USA Rouse, Cecilia Verfasser aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6902 (DE-604)BV002801238 6902 http://papers.nber.org/papers/w6902.pdf kostenfrei Volltext |
| spellingShingle | Ashenfelter, Orley 1942- Rouse, Cecilia Schooling, intelligence, and income in America cracks in the bell curve National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ressources humaines - États-Unis ram Salaires - Effets de l'éducation - États-Unis ram Éducation - Aspect économique - États-Unis ram Erziehung Education Economic aspects United States Human capital United States Wages Effect of education on United States |
| title | Schooling, intelligence, and income in America cracks in the bell curve |
| title_auth | Schooling, intelligence, and income in America cracks in the bell curve |
| title_exact_search | Schooling, intelligence, and income in America cracks in the bell curve |
| title_full | Schooling, intelligence, and income in America cracks in the bell curve Orley Ashenfelter ; Cecilia Rouse |
| title_fullStr | Schooling, intelligence, and income in America cracks in the bell curve Orley Ashenfelter ; Cecilia Rouse |
| title_full_unstemmed | Schooling, intelligence, and income in America cracks in the bell curve Orley Ashenfelter ; Cecilia Rouse |
| title_short | Schooling, intelligence, and income in America |
| title_sort | schooling intelligence and income in america cracks in the bell curve |
| title_sub | cracks in the bell curve |
| topic | Ressources humaines - États-Unis ram Salaires - Effets de l'éducation - États-Unis ram Éducation - Aspect économique - États-Unis ram Erziehung Education Economic aspects United States Human capital United States Wages Effect of education on United States |
| topic_facet | Ressources humaines - États-Unis Salaires - Effets de l'éducation - États-Unis Éducation - Aspect économique - États-Unis Erziehung Education Economic aspects United States Human capital United States Wages Effect of education on United States USA |
| url | http://papers.nber.org/papers/w6902.pdf |
| volume_link | (DE-604)BV002801238 |
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