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Title: The Rate of Return to Schooling and the Business Cycle: Additional Estimates
Resulting in 1 citation.
1. Kniesner, Thomas J.
Polachek, Solomon W.
Padilla, Arthur H.
The Rate of Return to Schooling and the Business Cycle: Additional Estimates
Journal of Human Resources 15,2 (Spring 1980): 273-277.
Also: http://www.jstor.org/stable/145336
Cohort(s): Older Men, Young Men
Publisher: University of Wisconsin Press
Keyword(s): Earnings; Educational Returns; Schooling; Unemployment

The central purpose of this paper is to illustrate that the business cycle disturbs relative black/white rates of return. This is demonstrated in two ways. First, the authors make note that King's rate of return estimates support the hypothesis that blacks fare relatively poorly in times of high unemployment. Secondly, evidence is presented which corroborates original findings from an earnings function estimated with panel data.
Bibliography Citation
Kniesner, Thomas J., Solomon W. Polachek and Arthur H. Padilla. "The Rate of Return to Schooling and the Business Cycle: Additional Estimates." Journal of Human Resources 15,2 (Spring 1980): 273-277.