The human capital and signaling theories of the value of education were tested by estimating earnings equations that include both grade level and rank. Years of schooling had consistently positive effects on earnings, supporting human capital as the predominant explanation of the value of schooling. (SK)

Because the Current Population Survey changed its educational attainment questions in 1992, this paper presents a method for adjusting earnings at different educational levels to make pre- and post-1992 data comparable. The adjustments reduce the estimated growth in college/high school earnings ratios between 1989 and 1993. (Author/SK)

The National Academy of Sciences-National Research Council Twin Offspring data support the proposition that for those with low levels of education, earnings may be an adequate proxy for compensation, whereas the opposite holds for highly educated people. (Author/JOW)

Assesses the reliability of the National Longitudinal Survey of Youth (NLSY) data in terms of attrition patterns, characteristics of attriters and returners, and comparability with the Current Population Survey (CPS). Explores how attrition might corrupt the picture of labor-market experience and attempts to reconcile discrepancies between the CPS…

Immigrants who acquire U.S. schooling earn higher wages than other immigrants. Returns to years of non-U.S. schooling are higher for those who complete schooling in the United States. For those without U.S. schooling, returns are higher for immigrants from highly developed countries or countries where English is an official language. (Contains 34…

Analysis of Canadian census data (1986-91) for 15 ethnic groups found the following: (1) the average educational attainment of a man's ethnic group was positively correlated with his returns to education; (2) lower fertility in one generation was associated with higher educational outcomes in the next; and (3) economic mobility at the ethnic group…

Develops a method for reassessing earnings benefits from employment and training programs to include costs of lost leisure. Suggests that ignoring lost leisure favors programs that emphasize job search or work requirements over investments in human capital. (SK)

The authors discuss the economic character of the nonmarket effects of education and describe a procedure for imputing the value of these nonmarket effects from estimates of quantitative impact. (SK)

From a random sample of 14,596 White males aged 25-64, earnings of those who were employed full time, year round were analyzed. Results show that overeducated workers--those with educational attainments substantially above the mean for their occupations--often earn less than their adequately educated and undereducated counterparts. (SK)

Among Malaysian females, changes in education and enrollment account for much of the trend toward later marriage. Increase in age at first conception across cohorts and ethnic groups (Malay, Chinese, Indian) is fully accounted for by cohort and ethnic differences in the age at marriage. (Author/SK)

A study examined data from the National Longitudinal Survey of Labor Market Experience and Panel Study of Income Dynamics from those who consistently responded and those who missed some surveys. Attrition either had no effect on regression estimates or affected only the estimates of the intercept. (Author/SK)

A matched sample of Social Security and Current Population Survey records is used to determine life-cycle earnings patterns of White males. Estimated effects of schooling and experience compare well with other studies, but interaction effects with cohort do not. Military experience plays a powerful role in earnings differences across cohorts.…

Compares the earnings of technicians who have an Associate degree to the earnings of technicians who have other educational backgrounds. Discusses several other variables: training and experience; and the impact of sex, race, socioeconomic background, location of residence, and type of employer. (CT)

Analysis of National Longitudinal Survey of Youth samples shows that, for both associate degree and nondegree community college programs, returning adults experience the same earnings increases as continuing high school graduates. Returning males in nondegree programs receive an earnings effect 8-10% above that of continuing students. (SK)

High School and Beyond longitudinal survey data were used to investigate the impact of school racial composition and quality on achievement, educational attainment, and earnings for blacks. Results support the idea that school quality improvement is likely to be much more effective than desegregation as a means of improving academic and labor…