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Title: The Influence of the Quantity and Quality of Education on Black-White Earnings Differentials: Some New Evidence
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Link, Charles R. Ratledge, Edward C. |
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The Influence of the Quantity and Quality of Education on Black-White Earnings Differentials: Some New Evidence Review of Economics and Statistics 57,3 (August 1975): 346-350. Also: http://www.jstor.org/stable/1923919 Cohort(s): Young Men Publisher: Harvard University Press Keyword(s): Earnings; Education, Secondary; Educational Attainment; Educational Returns; Fathers, Influence; High School; Racial Differences; Work Knowledge Permission to reprint the abstract has not been received from the publisher. The main thrust of the article has been to estimate the effects on earnings of the quantity and quality of education. The quality of education, measured by expenditures per pupil in the district where the respondent attended secondary school, exerts an important impact on the annual earnings for both races. For the sample of young males examined, these findings suggest that expenditures may be more important to blacks than whites. This result holds even in the full model which includes ability. Increasing the quality of schools in predominantly black areas may have a long-run effect on black earnings. Also, the rate of return associated with extra expenditures on blacks is 7.82%. The latter finding implies that additional expenditures on blacks may be economically efficient as well as equitable. |
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Bibliography Citation
Link, Charles R. and Edward C. Ratledge. "The Influence of the Quantity and Quality of Education on Black-White Earnings Differentials: Some New Evidence." Review of Economics and Statistics 57,3 (August 1975): 346-350.
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