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Title: Has the College Wage Premium Continued to Rise? Evidence from Multiple U.S. Surveys
Resulting in 1 citation.
1. Ashworth, Jared
Ransom, Tyler
Has the College Wage Premium Continued to Rise? Evidence from Multiple U.S. Surveys
Economics of Education Review 69 (April 2019): 149-154. https://www.sciencedirect.com/science/article/pii/S0272775718304862
Cohort(s): NLSY79, NLSY97
Publisher: Elsevier
Keyword(s): American Community Survey; College Education; Current Population Survey (CPS) / CPS-Fertility Supplement; Educational Returns; Panel Study of Income Dynamics (PSID); Survey of Income and Program Participation (SIPP); Wages

This paper examines trends in the college wage premium (CWP) by birth cohort across the five major household surveys in the United States: the Census/ACS, CPS, NLSY, PSID, and SIPP. We document a general flattening in the CWP for birth cohorts 1970 and onward in each survey and even a decline for birth cohorts 1980-1984 in the NLSY. We discuss potential reasons for this finding and show that the empirical discrepancy is not a function of differences in composition across surveys. Our results provide crucial context for the vast economic literatures that use these surveys to answer important policy questions about intertemporal changes in the returns to skill.
Bibliography Citation
Ashworth, Jared and Tyler Ransom. "Has the College Wage Premium Continued to Rise? Evidence from Multiple U.S. Surveys." Economics of Education Review 69 (April 2019): 149-154. https://www.sciencedirect.com/science/article/pii/S0272775718304862.