Prestige Matters: Wage Premium and Value Addition in Elite Colleges
نویسندگان
چکیده
منابع مشابه
The Wage Premium: A Puzzle
In this paper, I present evidence that the premium for a college education is essentially uncorrelated with the business cycle and that the average hours worked by college graduates are less volatile than those worked by nongraduates. Business cycle theory is then shown to be inconsistent with these observations when endogenous utilization and skill acquisition are incorporated. Abstracting fro...
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A puzzle has emerged from studies examining the wage effects of sexual orientation for women. Although lesbian and bisexual women face discrimination in the labor market, most studies of the wages of female full-time workers in same-sex couples versus those in different-sex couples find that the lesbians earn more, even controlling for differences in present labor market supply, education, year...
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SBTC is a powerful mechanism in explaining the increasing gap between educated and uneducated wages. However, SBTC cannot mimic the US within-group wage inequality. This paper provides an explanation for the observed intra-college group inequality by showing that the top decile earners’ significant wage growth is underpinned by the link between ex ante ability, math-heavy college majors and hig...
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ژورنال
عنوان ژورنال: American Economic Journal: Applied Economics
سال: 2020
ISSN: 1945-7782,1945-7790
DOI: 10.1257/app.20140105