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Title: Returns to School Resources in the Jim Crow South

Citation Type: Miscellaneous

Publication Year: 2015

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Abstract: We estimate returns to school resources in the Jim Crow era, as measured by young males 1940 wage earnings, occupational status, and cognitive aptitude scores. Results point to a 12 cent annual return on each $1 invested in public schools, increasing to as much as 19 cents for black schools. Investments in extended school years yielded higher wage earnings than equivalent investments in teacher salaries or smaller class sizes, but all three inputs were quantitatively important for occupational status. Correlations between school resource expenditures and cognitive aptitude scores are substantially weaker than those for labor market outcomes.

Url: http://web.utk.edu/~mwanamak/SchoolQual.pdf

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Authors: Carruthers, Celeste K; Wanamaker, Marianne H

Publisher: University of Tennessee

Data Collections: IPUMS USA

Topics: Education, Race and Ethnicity

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