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Title: On the Declining Labor Market Value of Schooling
Resulting in 1 citation.
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Grasso, John T. |
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On the Declining Labor Market Value of Schooling Presented: New York, NY, American Educational Research Association Meetings, 1977 Cohort(s): Young Men Publisher: American Educational Research Association Keyword(s): College Graduates; Current Population Survey (CPS) / CPS-Fertility Supplement; Earnings; Educational Returns; Employment; High School Completion/Graduates; Schooling; Unemployment Permission to reprint the abstract has not been received from the publisher. This paper reviews existing work and presents new analyses on changes in the labor market effects of higher education. Attention was devoted principally to the work of Margaret Gordon and Richard Freeman in order to gain perspective on recent changes in college-labor market effects. Reanalyses of published data from the Current Population Reports as well as analysis of microdata from the NLS lead to new and consistent findings. Results indicate: (1) declines in relative earnings among new labor market entrants as a group; and (2) declines in relative earnings among older and more experienced college graduates. Results do not support the hypothesis that a recent oversupply of college graduates has led to declines in relative earnings among new college graduates. |
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Bibliography Citation
Grasso, John T. "On the Declining Labor Market Value of Schooling." Presented: New York, NY, American Educational Research Association Meetings, 1977. |