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Author: Fugiero, Melissa
Resulting in 2 citations.
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Budig, Michelle Jean Fugiero, Melissa |
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Racial Differences in the Effects of Education on Earnings: Findings from the NLSY, 1979-2000 Presented: New York City NY, American Sociological Association Annual Meeting, August 2007 Cohort(s): NLSY79 Publisher: American Sociological Association Keyword(s): College Degree; Earnings; Educational Attainment; Racial Differences Permission to reprint the abstract has not been received from the publisher. Past research claims racial minorities benefit less from educational attainment in terms of earnings. However, it is unclear whether this reduced benefit is due to race differences in levels of education obtained or due differences in returns to earnings from educational attainment. Moreover, quite unexplored is whether race differences in the returns to education of vary by field of degree. Using the 1979-2000 waves of the National Longitudinal Survey of Youth (NLSY), we test whether African-Americans and Caucasians experience different returns to earnings for educational attainment. We examine multiple specifications of education: years of education, highest degree obtained, and field of degree obtained. Control variables include human capital, occupational characteristics, economic and industrial sectors, local labor market conditions, family structure, and demographic characteristics. We find there are racial differences in returns to education measured as highest grade completed and this difference is largely unexplained by the addition of extensive control variables. In-depth examination of these differential returns by measuring education as highest degree obtained and as field of highest degree obtain reveal notable patterns. Among men, race gaps in returns to education are explained in many fields and levels by racial differences in human capital, labor supply, and job characteristics. However, white men receive a return to MBAs that is four times higher than black men's return. Among women, the racial differential in returns to education is more pronounced, dramatically so at the PhD level. In almost every field, African-American women receive a significantly lower return to educational credentials, compared to white women. |
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Bibliography Citation
Budig, Michelle Jean and Melissa Fugiero. "Racial Differences in the Effects of Education on Earnings: Findings from the NLSY, 1979-2000." Presented: New York City NY, American Sociological Association Annual Meeting, August 2007. |
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Budig, Michelle Jean Lim, Misun Hodges, Melissa J. Fugiero, Melissa |
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It’s Not Enough to Stay in School: Race and Gender Differences in the Wage Returns of Educational Attainment Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013 Cohort(s): NLSY79 Publisher: Population Association of America Keyword(s): Educational Attainment; Gender Differences; Racial Differences; Wage Differentials; Wages Permission to reprint the abstract has not been received from the publisher. Using the 1979-2010 waves of the National Longitudinal Survey of Youth (NLSY), we test whether African-Americans and Caucasians experience different returns to earnings for educational attainment. We examine multiple specifications of education: years of education, highest degree obtained, and field of degree obtained. Control variables include human capital, job characteristics, family structure, and demographic characteristics. We find African-Americans receive lower returns to education measured as highest grade completed, net of extensive control variables. Most of this racial difference in returns is concentrated among workers with graduate degrees, particularly among PhDs. Among men, whites receive significantly higher returns for MBAs and PhDs in the social sciences and humanities. Among women, whites receive significantly higher returns for graduate degrees in humanities and legal studies. Some of these racial differences are due to differential placement in occupations and industries after degree completion. |
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Bibliography Citation
Budig, Michelle Jean, Misun Lim, Melissa J. Hodges and Melissa Fugiero. "It’s Not Enough to Stay in School: Race and Gender Differences in the Wage Returns of Educational Attainment." Presented: New Orleans LA, Population Association of America Annual Meeting, April 2013. |