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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26407 |
来源ID | Working Paper 26407 |
The Return to Education in the Mid-20th Century: Evidence from Twins | |
James J. Feigenbaum; Hui Ren Tan | |
发表日期 | 2019-10-28 |
出版年 | 2019 |
语种 | 英语 |
摘要 | What was the return to education in the United States at mid-century? In 1940, the correlation between years of schooling and earnings was relatively low, less than it had been in 1915 or than it would be in later decades. In this paper, we estimate the causal return to schooling in 1940, constructing a large linked sample of twin brothers to account for differences in unobserved ability and family background. Though imperfect, the twins identification strategy allows us to compare the return to education to recent studies implemented similarly. We find that the return to education was relatively low in 1940, with each additional year of schooling increasing labor earnings by approximately 4%. Returns to education were evident both within and across occupations and were higher for sons born to lower SES families. |
主题 | Labor Economics ; Labor Compensation ; History ; Labor and Health History |
URL | https://www.nber.org/papers/w26407 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584081 |
推荐引用方式 GB/T 7714 | James J. Feigenbaum,Hui Ren Tan. The Return to Education in the Mid-20th Century: Evidence from Twins. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26407.pdf(882KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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