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College Characteristics and the Wages of Young Women

Author

Listed:
  • Kermit Daniel

    (University of Pennsylvania)

  • Dan Black

    (University of Kentucky)

  • Jeffery Smith

    (University of Western Ontario)

Abstract

Using the rich data from the National Longitudinal Survey of Youth, we show that several dimensions of college quality have positive impacts on young women's wages. We find evidence of ability sorting, but controlling for ability, women who attend higher quality colleges earn higher wages. Women receive smaller gains from college quality than do men; black women receive greater gains from college quality than do white women. Controlling for quality, women who attend private colleges earn more than those who attend public colleges, and women earn lower wages, the higher the proportion of their college's students were women. A significant part of the return to college quality appears to arise from a greater likelihood of working in high-wage occupations and industries.

Suggested Citation

  • Kermit Daniel & Dan Black & Jeffery Smith, 1996. "College Characteristics and the Wages of Young Women," HEW 9604002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwphe:9604002
    Note: Type of Document - Binary Word for Windows Document; prepared on IBM PC compatible; to print on HP LaserJet III (PCL); pages: 85 ; figures: Tables included at end.
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    References listed on IDEAS

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    2. Behrman, Jere R & Rosenzweig, Mark R & Taubman, Paul, 1996. "College Choice and Wages: Estimates Using Data on Female Twins," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 672-685, November.
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    4. Loury, Linda Datcher & Garman, David, 1995. "College Selectivity and Earnings," Journal of Labor Economics, University of Chicago Press, vol. 13(2), pages 289-308, April.
    5. James, Estelle, et al, 1989. "College Quality and Future Earnings: Where Should You Send Your Child to College?," American Economic Review, American Economic Association, vol. 79(2), pages 247-252, May.
    6. Breusch, T S & Pagan, A R, 1979. "A Simple Test for Heteroscedasticity and Random Coefficient Variation," Econometrica, Econometric Society, vol. 47(5), pages 1287-1294, September.
    7. Daniel, Kermit & Black, Dan & Smith, Jeffrey A., 1997. "College Quality and the Wages of Young Men," University of Western Ontario, Departmental Research Report Series 9707, University of Western Ontario, Department of Economics.
    8. Wachtel, Paul, 1976. "The Effect of Earnings of School and College Investment Expenditures," The Review of Economics and Statistics, MIT Press, vol. 58(3), pages 326-331, August.
    9. Koenker, Roger, 1981. "A note on studentizing a test for heteroscedasticity," Journal of Econometrics, Elsevier, vol. 17(1), pages 107-112, September.
    10. Terence J. Wales, 1973. "The Effect of College Quality on Earnings: Results from the N B E R-Thorndike Data," Journal of Human Resources, University of Wisconsin Press, vol. 8(3), pages 306-317.
    11. Kermit Daniel & Dan Black & Jeffery Smith, 1996. "College Quality and the Wages of Young Men," HEW 9604001, University Library of Munich, Germany.
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    Cited by:

    1. Eliasson, Kent, 2006. "How Robust is the Evidence on the Returns to College Choice? Results Using Swedish Administrative Data," Umeå Economic Studies 692, Umeå University, Department of Economics.
    2. Javier Báez R, 2005. "¿Qué tanto han cambiado las decisiones de los jóvenes en Colombia en las tres últimas décadas?," Documentos Departamento de Economía 7291, Universidad del Norte.
    3. Eliasson, Kent, 2006. "The Role of Ability in Estimating the Returns to College Choice: New Swedish Evidence," Umeå Economic Studies 691, Umeå University, Department of Economics.
    4. Black Dan & Daniel Kermit & Smith Jeffrey, 2005. "College Quality and Wages in the United States," German Economic Review, De Gruyter, vol. 6(3), pages 415-443, August.
    5. Constantine, J.M., 1998. "The Effect of Historically Black Colleges on Wages of Black Students: an Analysis by Gender," Williams Project on the Economics of Higher Education DP-48, Department of Economics, Williams College.
    6. Eliasson, Kent, 2006. "College Choice And Earnings Among University Graduates In Sweden," Umeå Economic Studies 693, Umeå University, Department of Economics.

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    More about this item

    Keywords

    returns to education; human capital; wages;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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