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The economic value of education by race and ethnicity

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Author Info
Lisa Barrow
Cecilia Elena Rouse

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Abstract

Using data from the U.S. Census and the National Longitudinal Surveys, the authors find little evidence of differences in the economic value of education across racial and ethnic groups, even with attempts to control for ability and measurement error biases. As a result, they argue, policies that increase education among the low-skilled, who are disproportionately African American and Hispanic, have a good possibility of increasing their economic well-being and reducing inequality.

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Publisher Info
Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.

Volume (Year): (2006)
Issue (Month): Q II ()
Pages: 14-27
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Handle: RePEc:fip:fedhep:y:2006:i:qii:p:14-27:n:v.30no.2

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Related research
Keywords: Education - Economic aspects ; Labor economics;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August. [Downloadable!] (restricted)
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Cited by:
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  1. Murat Arik, 2007. "The Role of Career Colleges in Tennessee: Their Size, Contribution to Workforce Earnings, and Impact on Tennessee's Economy," Studies 200702, Middle Tennessee State University, Business and Economic Research Center. [Downloadable!]
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This page was last updated on 2009-12-15.

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