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Wages, School Quality, and Employment Demand

2011-10-27 Business & Economics
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Release : 2011-10-27
Genre : Business & Economics
Kind : eBook
Book Rating : 382/5 ( reviews)

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Book Synopsis Wages, School Quality, and Employment Demand by : David Card

Download or read book Wages, School Quality, and Employment Demand written by David Card. This book was released on 2011-10-27. Available in PDF, EPUB and Kindle. Book excerpt: David Card and Alan B. Krueger received the IZA Prize in Labor Economics in 2006 for their outstanding contributions to the field. This volume provides an overview of their most important work on school quality, differences in wages across groups in the US, and the effect of changes in the minimum wage on employment and wage setting.

Minimum Wages

2008 Income distribution
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Release : 2008
Genre : Income distribution
Kind : eBook
Book Rating : 027/5 ( reviews)

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Book Synopsis Minimum Wages by : David Neumark

Download or read book Minimum Wages written by David Neumark. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

The Race between Education and Technology

2009-07-01 Business & Economics
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Release : 2009-07-01
Genre : Business & Economics
Kind : eBook
Book Rating : 731/5 ( reviews)

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Book Synopsis The Race between Education and Technology by : Claudia Goldin

Download or read book The Race between Education and Technology written by Claudia Goldin. This book was released on 2009-07-01. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

Linking Education Policy to Labor Market Outcomes

2008-04-09 Business & Economics
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Release : 2008-04-09
Genre : Business & Economics
Kind : eBook
Book Rating : 105/5 ( reviews)

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Book Synopsis Linking Education Policy to Labor Market Outcomes by : Tazeen Fasih

Download or read book Linking Education Policy to Labor Market Outcomes written by Tazeen Fasih. This book was released on 2008-04-09. Available in PDF, EPUB and Kindle. Book excerpt: 'Linking Education Policy to Labor Market Outcomes' examines current research and new evidence from Ghana and Pakistan representative of two of the poorest regions of the world to assess how education can increase income and help people move out of poverty. This study indicates that in addition to early investments in cognitive and noncognitive skills which produce a high return and lower the cost of later educational investment by making learning at later ages more efficient quality, efficiency, and linkages to the broader macro-economic context also matter. Education and relevant skills are still the key determinants of good labor market outcomes for individuals. However, education policies aimed at improving skills will have a limited effect on the incomes of that skilled workforce or on the performance of a national economy if other policies that increase the demand for these skills are not in place. For education to contribute to national economic growth, policies should aim at improving the quality of education by spending efficiently and by adapting the basic and postbasic curricula to develop the skills increasingly demanded on the global labor market, including critical thinking, problem solving, social behavior, and information technology.

School Quality and Wages

2007
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Release : 2007
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis School Quality and Wages by : Robert B. Speakman

Download or read book School Quality and Wages written by Robert B. Speakman. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation examines the literature that attempts to measure the relationship between school quality and earnings. I begin by developing a simple economic model that predicts that, everything else being equal and with comparisons being made within a market, workers from higher quality schools will have higher earnings among those with the same level of schooling and they will have steeper schooling-earnings gradients. The remainder of this dissertation explores problems that exist in this literature for which no solutions have been presented. These problems include: 1) there doesn't have to be a direct and positive relationship between school quality and earnings; 2) the data suggest that school quality measures are frequently mismatched to workers; 3) most school quality studies include college-trained labor while completely ignoring the quality of the college attended; 4) the omission of college quality from the estimation is especially problematic for studies that attempt to measure the school quality-earnings relationship through differences in schooling-earnings gradients for those educated in different systems; 5) state of birth wage rankings thought to capture a school quality effect are not invariant to the market (state of residence) in which they are evaluated; and 6) the evidence presented herein suggests that interstate migration is selective. These problems undermine the credibility of existing estimates of a school quality earnings relationship.

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