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Full Citation

Title: Ability Bias and the Rising Education Premium in the United States: A Cohort-Based Analysis

Citation Type: Journal Article

Publication Year: 2009

Abstract: I use differences in educational attainment by birth cohorts to estimate the risein the return to education in the United States. If average ability is similar amongnearby cohorts, then differences in educational attainment lead to differencesin earnings only if education is productive. The results reveal that (i) the returnto a year of schooling increased from 4.8 percent to 8.4 percent between 1964and 2003, (ii) the ability bias rose from 1.8 percent to 4.7 percent during thesame period, and (iii) the acceleration in the education premium after 1980 isexplained almost entirely by the rise in the ability bias.

User Submitted?: No

Authors: Kaymak, Baris

Periodical (Full): Journal of Human Capital

Issue: 3

Volume: 3

Pages:

Data Collections: IPUMS USA, IPUMS CPS

Topics: Education

Countries:

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